Enviva Inc. with ticker code (EVA) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 70 and 51 and has a mean target at 62.2. Now with the previous closing price of 37.68 this indicates there is a potential upside of 65.1%. The 50 day moving average now sits at 46.52 and the 200 day MA is 59.69. The market capitalisation for the company is $2,548m. Find out more information at: https://www.envivabiomass.com
The potential market cap would be $4,205m based on the market concensus.
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Enviva Inc. produces, processes, 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, European Union, and Japan. DS: The company was formerly known as Enviva Partners, LP and changed its name to Enviva Inc. in December 2021. Enviva Inc. was incorporated in 2013 and is headquartered in Bethesda, Maryland.
