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 42 and 35 with the average target price sitting at 37.75. Given that the stocks previous close was at 35.16 this now indicates there is a potential upside of 7.4%. There is a 50 day moving average of 33.22 while the 200 day moving average is 34.15. The market capitalisation for the company is $1,171m. Visit the company website at: 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.