Green Plains Inc. (NASDAQ:GPRE) Receives $25.50 Consensus Target Price from Brokerages

Shares of Green Plains Inc. (NASDAQ:GPRE) have been given an average recommendation of “Moderate Buy” by the nine analysts that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $25.50.

Several equities research analysts have issued reports on the company. Stephens upgraded Green Plains to a “hold” rating in a report on Monday, December 2nd. StockNews.com raised shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Finally, Truist Financial cut their price target on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th.

Institutional Investors Weigh In On Green Plains

Several institutional investors and hedge funds have recently bought and sold shares of GPRE. Point72 Hong Kong Ltd acquired a new position in Green Plains in the second quarter valued at approximately $29,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Green Plains in the 2nd quarter worth approximately $41,000. Quest Partners LLC bought a new stake in shares of Green Plains in the 3rd quarter worth approximately $52,000. nVerses Capital LLC acquired a new position in Green Plains during the 3rd quarter valued at approximately $65,000. Finally, Everence Capital Management Inc. bought a new position in Green Plains during the 3rd quarter worth $153,000.

Green Plains Stock Up 1.7 %

Shares of NASDAQ GPRE opened at $9.38 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. Green Plains has a 1 year low of $9.12 and a 1 year high of $26.06. The stock’s 50-day simple moving average is $11.16 and its 200-day simple moving average is $13.46. The firm has a market cap of $606.43 million, a price-to-earnings ratio of -24.68 and a beta of 1.44.

Green Plains Company Profile

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.