Trade Report: Today, FinnCap Raises M.P. Evans Group PLC (MPE) Price Target to GBX 815

Today, FinnCap Raises M.P. Evans Group PLC (MPE) Price Target to GBX 815

M.P. Evans Group PLC (LON:MPE) had its target price raised by equities research analysts at FinnCap from GBX 565 ($7.01) to GBX 815 ($10.11) in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. FinnCap’s price target would suggest a potential upside of 19.94% from the company’s previous close.

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 650 ($8.06) price target on shares of M.P. Evans Group PLC in a research report on Monday, September 12th.

M.P. Evans Group PLC (LON:MPE) traded up 1.10% during mid-day trading on Wednesday, hitting GBX 688.50. 34,008 shares of the stock traded hands. The firm’s market cap is GBX 383.76 million. M.P. Evans Group PLC has a 1-year low of GBX 370.00 and a 1-year high of GBX 710.00. The stock has a 50-day moving average of GBX 580.78 and a 200 day moving average of GBX 464.65.

The firm also recently disclosed a dividend, which was paid on Friday, November 4th. Investors of record on Thursday, October 20th were paid a dividend of GBX 2.25 ($0.03) per share. This represents a yield of 0.52%. The ex-dividend date was Thursday, October 20th.

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