Enviva Inc. with ticker code (EVA) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 90 and 66 calculating the mean target price we have 77.33. Now with the previous closing price of 64.68 this would imply there is a potential upside of 19.6%. There is a 50 day moving average of 69.39 and the 200 day moving average is 71.7. The market capitalisation for the company is $4,351m. Company Website: https://www.envivabiomass.com
The potential market cap would be $5,202m based on the market concensus.
Enviva Inc. 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 Inc. was incorporated in 2013 and is headquartered in Bethesda, Maryland.
