Enviva Inc. with ticker code (EVA) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 90 and 71 with a mean TP of 78. Now with the previous closing price of 72.29 this would imply there is a potential upside of 7.9%. The 50 day moving average now sits at 65.31 and the 200 moving average now moves to 71.82. The company has a market capitalisation of $5,004m. Company Website: https://www.envivabiomass.com
The potential market cap would be $5,400m 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.
