Analysts Set Green Plains Inc. (NASDAQ:GPRE) Price Target at $25.50

Green Plains Inc. (NASDAQ:GPRE) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $25.50.

Several research firms have recently issued reports on GPRE. Stephens upgraded shares of Green Plains to a “hold” rating in a report on Monday, December 2nd. Truist Financial lowered their price target on Green Plains from $25.00 to $18.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Finally, StockNews.com raised Green Plains from a “sell” rating to a “hold” rating in a report on Friday, December 6th.

Institutional Trading of Green Plains

Several hedge funds have recently modified their holdings of the company. State Street Corp raised its position in Green Plains by 2.9% in the 3rd 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. Wolf Hill Capital Management LP increased its stake 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 buying an additional 240,849 shares in the last quarter. William Blair Investment Management LLC raised its holdings in shares of Green Plains by 3.6% in the second quarter. William Blair Investment Management LLC now owns 1,870,698 shares of the specialty chemicals company’s stock valued at $29,669,000 after buying an additional 65,637 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Green Plains by 16.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,150,738 shares of the specialty chemicals company’s stock worth $15,581,000 after buying an additional 159,147 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Green Plains by 1,122.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 704,125 shares of the specialty chemicals company’s stock worth $6,675,000 after buying an additional 646,507 shares in the last quarter.

Green Plains Trading Up 3.8 %

Shares of GPRE stock opened at $10.02 on Tuesday. The firm has a market capitalization of $647.79 million, a P/E ratio of -26.37, a price-to-earnings-growth ratio of 0.73 and a beta of 1.46. Green Plains has a 1 year low of $8.81 and a 1 year high of $25.24. The firm’s fifty day simple moving average is $10.28 and its 200 day simple moving average is $12.67. The company has a current ratio of 1.78, a quick ratio of 1.16 and a debt-to-equity ratio of 0.46.

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.