Enviva Inc. found using ticker (EVA) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 80 and 51 and has a mean target at 64.5. Given that the stocks previous close was at 48.1 this now indicates there is a potential upside of 34.1%. There is a 50 day moving average of 51.53 and the 200 day MA is 63.07. The market capitalisation for the company is $3,202m. You can visit the company’s website by visiting: https://www.envivabiomass.com
The potential market cap would be $4,294m 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.