Green Plains Inc. (NASDAQ:GPRE) Receives $25.50 Consensus PT from Analysts

Shares of Green Plains Inc. (NASDAQ:GPRE) have been given a consensus rating of “Moderate Buy” by the nine analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $25.50.

GPRE has been the subject of several research analyst reports. Truist Financial reduced their target price on Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Stephens raised shares of Green Plains to a “hold” rating in a research report on Monday, December 2nd. Finally, StockNews.com raised shares of Green Plains from a “sell” rating to a “hold” rating in a research report on Friday, December 6th.

Green Plains Trading Up 1.2 %

Shares of NASDAQ:GPRE opened at $9.32 on Friday. The company has a 50-day simple moving average of $10.98 and a 200 day simple moving average of $13.32. The company has a market capitalization of $602.55 million, a P/E ratio of -24.53 and a beta of 1.44. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. Green Plains has a 52-week low of $8.96 and a 52-week high of $25.77.

Institutional Trading of Green Plains

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Point72 Hong Kong Ltd acquired a new stake in Green Plains during the second quarter worth approximately $29,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Green Plains in the second quarter worth $41,000. Quest Partners LLC acquired a new position in Green Plains in the third quarter valued at about $52,000. nVerses Capital LLC bought a new stake in Green Plains during the third quarter worth about $65,000. Finally, DRW Securities LLC bought a new stake in Green Plains during the second quarter worth about $168,000.

About Green Plains

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.