Enviva Partners, LP – Consensus Indicates Potential 6.6% Upside

Broker Ratings

Enviva Partners, LP with ticker code (EVA) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 52 and 43 and has a mean target at 48.5. With the stocks previous close at 45.51 this indicates there is a potential upside of 6.6%. The 50 day moving average now sits at 44.36 while the 200 day moving average is 40.21. The market capitalisation for the company is $1,792m. Company Website: http://www.envivabiomass.com

Enviva Partners, LP produces and sells utility-grade wood pellets. The company’s products are used as a substitute for coal in dedicated and co-fired power generation, and combined heat and power plants. It serves power generators primarily in the United Kingdom, Europe, and Japan. Enviva Partners GP, LLC operates as the general partner of the company. Enviva Partners, LP was founded in 2013 and is based in Bethesda, Maryland.

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