Green Plains (NASDAQ:GPRE) Stock Rating Upgraded by StockNews.com

Green Plains (NASDAQ:GPREGet Free Report) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Friday.

Other analysts also recently issued research reports about the company. Stephens raised Green Plains to a “hold” rating in a research note on Monday. UBS Group cut their price target on shares of Green Plains from $26.00 to $23.50 and set a “buy” rating on the stock in a research report on Monday, August 19th. Finally, Truist Financial decreased their price objective on Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Green Plains currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.50.

View Our Latest Stock Analysis on Green Plains

Green Plains Stock Performance

Shares of GPRE opened at $10.39 on Friday. The firm’s 50 day moving average price is $11.78 and its two-hundred day moving average price is $14.10. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. Green Plains has a twelve month low of $10.18 and a twelve month high of $28.50. The firm has a market cap of $671.71 million, a P/E ratio of -27.34 and a beta of 1.44.

Hedge Funds Weigh In On Green Plains

A number of hedge funds and other institutional investors have recently bought and sold shares of GPRE. Kailix Advisors LLC lifted its position in shares of Green Plains by 39.8% in the second quarter. Kailix Advisors LLC now owns 1,343,269 shares of the specialty chemicals company’s stock valued at $22,406,000 after buying an additional 382,517 shares during the last quarter. Lumbard & Kellner LLC acquired a new stake in Green Plains during the 2nd quarter valued at $4,685,000. American Century Companies Inc. boosted its position in Green Plains by 287.6% during the second quarter. American Century Companies Inc. now owns 332,586 shares of the specialty chemicals company’s stock worth $5,275,000 after purchasing an additional 246,773 shares during the period. Wolf Hill Capital Management LP increased its holdings in shares of Green Plains by 13.7% in the second quarter. Wolf Hill Capital Management LP now owns 1,994,539 shares of the specialty chemicals company’s stock valued at $31,633,000 after purchasing an additional 240,849 shares during the last quarter. Finally, Clifford Capital Partners LLC increased its holdings in shares of Green Plains by 53.7% in the second quarter. Clifford Capital Partners LLC now owns 511,026 shares of the specialty chemicals company’s stock valued at $8,105,000 after purchasing an additional 178,484 shares during the last quarter.

Green Plains Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Green Plains (NASDAQ:GPRE)

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