Enviva Inc. – Consensus Indicates Potential 4.8% Upside

Broker Ratings
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Enviva Inc. with ticker code (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 90 and 71 calculating the average target price we see 78. Now with the previous closing price of 74.46 this would indicate that there is a potential upside of 4.8%. There is a 50 day moving average of 65.68 while the 200 day moving average is 71.64. The market cap for the company is $4,989m. Visit the company website at: https://www.envivabiomass.com

The potential market cap would be $5,226m 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.

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