Enviva Inc. found using ticker (EVA) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 100 and 73 with the average target price sitting at 81.8. Now with the previous closing price of 88.78 this is indicating there is a potential downside of -7.9%. The day 50 moving average is 76.18 and the 200 moving average now moves to 65.75. The company has a market capitalisation of $5,966m. Visit the company website at: https://www.envivabiomass.com
The potential market cap would be $5,497m 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.
