M.P. Evans Group’s (MPE) Buy Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of M.P. Evans Group (LON:MPE) in a report released on Thursday morning. They currently have a GBX 880 ($11.77) target price on the stock.

Separately, FinnCap reaffirmed a buy rating and issued a GBX 845 ($11.30) price objective on shares of M.P. Evans Group in a report on Friday, October 27th.

M.P. Evans Group (LON MPE) opened at GBX 784 ($10.48) on Thursday. The firm has a market capitalization of $426.91 and a price-to-earnings ratio of 2,703.45. M.P. Evans Group has a fifty-two week low of GBX 612.04 ($8.18) and a fifty-two week high of GBX 830 ($11.10).

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About M.P. Evans Group

M.P. Evans Group PLC, through its subsidiary and associated undertakings, operates oil palm and rubber plantations in Indonesia, beef-cattle operations in Australia, and property development in West Malaysia. The Company’s principal activity is the ownership, management and development of sustainable oil-palm estates in Indonesia.

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