M.P. Evans Group (LON:MPE) Insider Buys £9,988.17 in Stock

M.P. Evans Group PLC (LON:MPE) insider Tanya Ashton purchased 669 shares of the firm’s stock in a transaction dated Tuesday, March 24th. The shares were bought at an average price of GBX 1,493 per share, for a total transaction of £9,988.17.

M.P. Evans Group Trading Down 1.7%

Shares of M.P. Evans Group stock opened at GBX 1,445 on Thursday. The company’s 50-day moving average price is GBX 1,414.74 and its 200-day moving average price is GBX 1,328.84. M.P. Evans Group PLC has a 12-month low of GBX 912 and a 12-month high of GBX 1,550. The company has a market cap of £753.94 million, a price-to-earnings ratio of 7.17 and a beta of 0.67.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 1,750 price target on shares of M.P. Evans Group in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 1,750.

About M.P. Evans Group

M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil (“CPO”), with plantations in five Indonesian provinces: Aceh, Bangka Belitung, East Kalimantan, North Sumatra and South Sumatra.

Headquartered in the UK, the Group’s shares are traded on the London Stock Exchange’s Alternative Investment Market (“AIM”).

The Group was founded by Matthew Pennefather Evans in the 1870s and its long history in tropical agriculture includes experience in tea and rubber plantations.