M.P. Evans Group’s (MPE) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of M.P. Evans Group (LON:MPE) in a research report sent to investors on Tuesday morning. Peel Hunt currently has a GBX 880 ($12.36) target price on the stock.

Separately, FinnCap reiterated a buy rating and set a GBX 845 ($11.87) 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 769 ($10.80) on Tuesday. M.P. Evans Group has a 1-year low of GBX 612.04 ($8.59) and a 1-year high of GBX 830 ($11.66). The stock has a market capitalization of $430.36 and a PE ratio of 2,746.43.

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M.P. Evans Group Company Profile

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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