finnCap Reports That They Have Downgraded M.P. Evans Group PLC (LON:MPE) Shares

June 18, 2018 - By Vivian Park

M.P. Evans Group PLC (LON:MPE) Receives a Downgrade

London-listed M.P. Evans Group PLC (LON:MPE) shares have been decreased by stock research analysts at finnCap. finnCap decreased its rating on the 412.06M GBP market capitalized firm to a “Corporate”.

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

Among 2 analysts covering M.P. Evans Group PLC (LON:MPE), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. M.P. Evans Group PLC has GBX 880 highest and GBX 880 lowest target. GBX 862.50’s average target is 14.69% above currents GBX 752 stock price. M.P. Evans Group PLC had 5 analyst reports since January 4, 2018 according to SRatingsIntel. The rating was maintained by Peel Hunt with “Buy” on Tuesday, January 30. The stock of M.P. Evans Group plc (LON:MPE) earned “Buy” rating by Peel Hunt on Thursday, January 4. The firm has “Buy” rating given on Wednesday, May 30 by Peel Hunt. The stock of M.P. Evans Group plc (LON:MPE) earned “Corporate” rating by FinnCap on Monday, June 18. The rating was maintained by Peel Hunt on Tuesday, April 10 with “Buy”.

The stock increased 1.62% or GBX 12 during the last trading session, reaching GBX 752. About 709 shares traded. M.P. Evans Group plc (LON:MPE) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

M.P. Evans Group PLC, through its subsidiaries, operates oil palm plantations in Indonesia. The company has market cap of 412.06 million GBP. The firm produces crude palm oil and palm kernels. It has a 4.61 P/E ratio. It is also involved in the property development and oil-palm fresh fruit bunches production businesses in Malaysia; and the provision of agronomic and management consultancy services.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.