# M P Evans Group PLC 32.7% potential upside indicated by Canaccord Genuity

- Link: https://www.directorstalkinterviews.com/m-p-evans-group-plc-32.7-potential-upside-indicated-by-canaccord-genuity/4121176207
- Published: 2024-11-04T14:37:02+00:00
- Author: Charlotte Edwards

**M P Evans Group PLC** with ticker (LON:MPE) now has a potential upside of 32.7%
according to Canaccord Genuity.
MPE.LCanaccord Genuity set a target price of 1,250
GBX for the company, which when compared to the M P Evans Group PLC share price 
of 942 GBX at opening today (04/11/2024) indicates a potential upside of 32.7%. 
Trading has ranged between 706 (52 week low) and 994 (52 week high) with an average
of 50,115 shares exchanging hands daily. The market capitalisation at the time of
writing is £492,058,099.M.P. Evans Group PLC is a United Kingdom-based company, 
which is a producer of sustainable Indonesian palm oil. The Company’s segments are
distinguished by location and product: Indonesian oil-palm plantation products in
Indonesia and Malaysian property development. The Company’s plantations are spread
across five Indonesian provinces: North Sumatra, South Sumatra, Aceh, Bangka-Belitung,
and East Kalimantan. It owns approximately 51,300 hectares of sustainable oil palm
in Indonesia and manages 15,900 hectares on behalf of its scheme smallholders. It
also owns six palm-oil mills. The Company’s wholly owned subsidiaries include M.
P. Evans & Co. Limited, Sungkai Holdings Limited, PT Prima Mitrajaya Mandiri, PT
Gunung Pelawan Lestari, PT Bilah Plantindo, PT Evans Lestari, PT Simpang Kiri Plantation
Indonesia, and others.

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