Enviva Inc. found using ticker (EVA) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 100 and 71 and has a mean target at 80.5. Given that the stocks previous close was at 65.02 this indicates there is a potential upside of 23.8%. The day 50 moving average is 66.38 while the 200 day moving average is 71.17. The market cap for the company is $4,294m. Company Website: https://www.envivabiomass.com
The potential market cap would be $5,316m 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.
