M.P. Evans Group PLC (LON:MPE – Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,547 and traded as high as GBX 1,692. M.P. Evans Group shares last traded at GBX 1,674, with a volume of 32,516 shares traded.
Analyst Ratings Changes
Separately, Canaccord Genuity Group raised their price target on shares of M.P. Evans Group from GBX 1,750 to GBX 1,900 and gave the company a “buy” rating in a report on Wednesday, July 22nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,900.
Read Our Latest Stock Analysis on MPE
M.P. Evans Group Price Performance
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.
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