In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on Green Plains (GPRE – Research Report). The company’s shares closed yesterday at $13.07.
According to TipRanks, Shannon is a 3-star analyst with an average return of 2.1% and a 40.60% success rate. Shannon covers the Technology sector, focusing on stocks such as Everspin Technologies, Maxlinear, and Vicor.
Green Plains has an analyst consensus of Moderate Buy, with a price target consensus of $23.00.
The company has a one-year high of $31.92 and a one-year low of $11.63. Currently, Green Plains has an average volume of 966.4K.
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Green Plains (GPRE) Company Description:
Green Plains, Inc. engages in the production of fuel-grade ethanol and corn oil; provision of grain handling; and storage commodity marketing and distribution services. It operates through the following segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces ethanol, distillers grain, and corn oil at ethanol plants in Indiana, Iowa, Minnesota, Nebraska, Tennessee, and Texas. The Agribusiness and Energy Services segment includes grain procurement and its commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil produced at ethanol plants. The Food and Ingredients segment is involved in cattle food-grade corn oil operations. The Partnership segment provides fuel storage and transportation services by owning, operating, developing, and acquiring ethanol and fuel storage tanks, terminals, transportation assets, and other related assets and businesses. The company was founded in June 2004 and is headquartered in Omaha, NE.
