Enviva found using ticker (EVA) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 85 and 73 with a mean TP of 77.25. Given that the stocks previous close was at 73.42 this now indicates there is a potential upside of 5.2%. The 50 day moving average now sits at 71.54 and the 200 moving average now moves to 61.32. The company has a market capitalisation of $4,927m. Visit the company website at: https://www.envivabiomass.com
The potential market cap would be $5,184m based on the market concensus.
Enviva produces and sells utility-grade wood pellets. The company’s products are used as a substitute for coal in power generation, and combined heat and power plants. It serves power generators in the United Kingdom, Europe, and Japan. The company was formerly known as Enviva Partners, LP. Enviva was incorporated in 2013 and is headquartered in Bethesda, Maryland.
