Green Plains Inc. (NASDAQ:GPRE) Receives $25.50 Consensus Target Price from Analysts

Shares of Green Plains Inc. (NASDAQ:GPRE) have received a consensus rating of “Moderate Buy” from the nine brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $25.50.

A number of brokerages recently weighed in on GPRE. StockNews.com raised shares of Green Plains from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Truist Financial dropped their target price on Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. Finally, Stephens upgraded shares of Green Plains to a “hold” rating in a research report on Monday, December 2nd.

Green Plains Stock Performance

Shares of NASDAQ:GPRE opened at $9.32 on Friday. Green Plains has a twelve month low of $8.96 and a twelve month high of $25.77. The firm has a market cap of $602.55 million, a PE ratio of -24.53 and a beta of 1.44. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. The business has a fifty day moving average of $10.98 and a 200-day moving average of $13.32.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC raised its position in Green Plains by 71.5% in the 3rd quarter. Barclays PLC now owns 142,851 shares of the specialty chemicals company’s stock valued at $1,935,000 after buying an additional 59,564 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Green Plains during the 3rd quarter worth approximately $155,000. State Street Corp raised its holdings in shares of Green Plains by 2.9% in the third quarter. State Street Corp now owns 3,910,245 shares of the specialty chemicals company’s stock valued at $52,945,000 after purchasing an additional 111,501 shares during the last quarter. Quarry LP lifted its position in shares of Green Plains by 17.2% in the third quarter. Quarry LP now owns 79,934 shares of the specialty chemicals company’s stock worth $1,082,000 after purchasing an additional 11,726 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its holdings in Green Plains by 29.5% during the third quarter. Point72 Asset Management L.P. now owns 556,095 shares of the specialty chemicals company’s stock worth $7,530,000 after purchasing an additional 126,795 shares during the last quarter.

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.