Green Plains Inc. (NASDAQ:GPRE) Receives Consensus Recommendation of “Hold” from Analysts

Green Plains Inc. (NASDAQ:GPREGet Rating) has been given an average recommendation of “Hold” by the six research firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $41.60.

A number of research analysts have recently issued reports on GPRE shares. Bank of America reduced their price target on shares of Green Plains from $43.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, October 24th. StockNews.com started coverage on shares of Green Plains in a research report on Wednesday, October 12th. They issued a “sell” rating on the stock. Truist Financial reduced their price target on shares of Green Plains from $55.00 to $48.00 and set a “buy” rating on the stock in a research report on Friday, October 7th. Finally, BMO Capital Markets downgraded shares of Green Plains from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $45.00 to $31.00 in a research report on Monday, October 24th.

Green Plains Trading Up 2.8 %

Green Plains stock opened at $35.24 on Wednesday. The firm’s 50-day moving average is $30.51 and its 200-day moving average is $32.46. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.61 and a current ratio of 2.22. Green Plains has a 1 year low of $26.09 and a 1 year high of $41.25. The company has a market cap of $2.09 billion, a P/E ratio of -18.74 and a beta of 1.65.

Institutional Trading of Green Plains

A number of large investors have recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Green Plains by 0.4% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 87,375 shares of the specialty chemicals company’s stock worth $2,709,000 after acquiring an additional 390 shares during the period. Mutual of America Capital Management LLC increased its stake in Green Plains by 5.5% during the 1st quarter. Mutual of America Capital Management LLC now owns 7,723 shares of the specialty chemicals company’s stock valued at $239,000 after buying an additional 401 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Green Plains by 2.2% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 20,532 shares of the specialty chemicals company’s stock valued at $558,000 after buying an additional 444 shares during the period. FourThought Financial LLC increased its stake in Green Plains by 11.1% during the 3rd quarter. FourThought Financial LLC now owns 4,732 shares of the specialty chemicals company’s stock valued at $138,000 after buying an additional 472 shares during the period. Finally, Point72 Hong Kong Ltd increased its stake in Green Plains by 39.2% during the 1st quarter. Point72 Hong Kong Ltd now owns 1,915 shares of the specialty chemicals company’s stock valued at $59,000 after buying an additional 539 shares during the period.

Green Plains Company Profile

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Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces and sells ethanol, including industrial-grade alcohol, distiller grains, and ultra-high protein and corn oil.

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Analyst Recommendations for Green Plains (NASDAQ:GPRE)

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