Analysts Set Green Plains Inc. (NASDAQ:GPRE) Price Target at $25.50

Shares of Green Plains Inc. (NASDAQ:GPRE) have been given a consensus recommendation of “Moderate Buy” by the nine research firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $25.50.

GPRE has been the topic of several recent research reports. StockNews.com upgraded Green Plains from a “sell” rating to a “hold” rating in a research report on Friday, December 6th. Stephens raised Green Plains to a “hold” rating in a research note on Monday, December 2nd. Finally, Truist Financial decreased their price target on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th.

Green Plains Stock Up 2.4 %

Shares of NASDAQ:GPRE opened at $10.26 on Tuesday. The firm has a market capitalization of $663.31 million, a PE ratio of -27.00, a price-to-earnings-growth ratio of 0.73 and a beta of 1.46. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. Green Plains has a 52-week low of $8.81 and a 52-week high of $25.24. The firm has a fifty day moving average of $10.24 and a 200 day moving average of $12.56.

Hedge Funds Weigh In On Green Plains

A number of hedge funds have recently modified their holdings of GPRE. Clearbridge Investments LLC grew its stake in shares of Green Plains by 0.7% in the second quarter. Clearbridge Investments LLC now owns 103,690 shares of the specialty chemicals company’s stock worth $1,645,000 after purchasing an additional 739 shares during the last quarter. New York State Teachers Retirement System increased its stake in shares of Green Plains by 2.3% during the third quarter. New York State Teachers Retirement System now owns 62,254 shares of the specialty chemicals company’s stock valued at $843,000 after buying an additional 1,400 shares during the period. SG Americas Securities LLC raised its holdings in shares of Green Plains by 4.1% during the fourth quarter. SG Americas Securities LLC now owns 37,479 shares of the specialty chemicals company’s stock valued at $355,000 after acquiring an additional 1,488 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in Green Plains in the second quarter worth $29,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Green Plains in the second quarter valued at $41,000.

Green Plains Company Profile

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.