Enviva Inc. – Consensus Indicates Potential 7.8% Upside

Broker Ratings

Enviva Inc. found using ticker (EVA) have now 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 78 and 73 calculating the mean target price we have 75.5. Given that the stocks previous close was at 70.05 this would imply there is a potential upside of 7.8%. The 50 day moving average now sits at 71.32 and the 200 day moving average is 59.31. The market capitalisation for the company is $4,619m. Company Website: https://www.envivabiomass.com

The potential market cap would be $4,978m based on the market concensus.

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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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