Is M.P. Evans Group PLC a Buy? The Stock Rises Again

 Is M.P. Evans Group PLC a Buy? The Stock Rises Again

The stock of M.P. Evans Group PLC (LON:MPE) is a huge mover today! The stock increased 1.81% or GBX 12.13 on November 16, hitting GBX 683.63. About 171,917 shares traded hands or 193.15% up from the average. M.P. Evans Group PLC (LON:MPE) has risen 59.12% since April 19, 2016 and is uptrending. It has outperformed by 54.44% the S&P500.
The move comes after 5 months positive chart setup for the GBX 409.80M company. It was reported on Nov, 16 by Barchart.com. We have GBX 2003.04 PT which if reached, will make LON:MPE worth GBX 790.91M more.

M.P. Evans Group PLC (LON:MPE) Ratings Coverage

Out of 2 analysts covering M.P. Evans Group PLC (LON:MPE), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. M.P. Evans Group PLC has been the topic of 15 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by FinnCap with “Buy” on Tuesday, November 15. The firm earned “Buy” rating on Wednesday, November 2 by FinnCap. Peel Hunt maintained M.P. Evans Group PLC (LON:MPE) on Monday, June 13 with “Buy” rating. On Friday, May 6 the stock rating was maintained by FinnCap with “Buy”. Peel Hunt maintained M.P. Evans Group PLC (LON:MPE) rating on Friday, May 6. Peel Hunt has “Buy” rating and GBX 650 price target. On Monday, September 12 the stock rating was maintained by FinnCap with “Buy”. The firm earned “Buy” rating on Wednesday, August 5 by FinnCap. As per Wednesday, November 4, the company rating was maintained by FinnCap. The stock of M.P. Evans Group PLC (LON:MPE) has “Buy” rating given on Monday, July 18 by FinnCap. Peel Hunt maintained the shares of MPE in a report on Tuesday, April 12 with “Buy” rating.

Another recent and important M.P. Evans Group PLC (LON:MPE) news was published by Globenewswire.com which published an article titled: “HSBC Bank Plc : Form 8.5 (EPT/RI) – M P Evans Group PLC” on November 16, 2016.

M.P. Evans Group PLC, through its subsidiary and associated undertakings, operates oil palm and rubber plantations in Indonesia, beef-cattle activities in Australia, and property development in West Malaysia. The company has a market cap of 409.80 million GBP. The Company’s principal activity is the ownership, management and development of sustainable oil-palm estates in Indonesia. It has a 44.36 P/E ratio. The Company’s divisions include plantation crops in Indonesia, with a residual balance in Malaysia; cattle in Australia, and property development in Malaysia.

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