Enviva Inc. – Consensus Indicates Potential 8.3% Upside

Broker Ratings
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Enviva Inc. with ticker code (EVA) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 78 and 73 with a mean TP of 75.5. With the stocks previous close at 69.7 this now indicates there is a potential upside of 8.3%. There is a 50 day moving average of 71.14 and the 200 day MA is 60.7. The market capitalisation for the company is $4,608m. You can visit the company’s website by visiting: https://www.envivabiomass.com

The potential market cap would be $4,991m 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 founded in 2013 and is headquartered in Bethesda, Maryland.

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