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

Shares of Green Plains Inc. (NASDAQ:GPRE - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine analysts that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $25.50.

Several equities research analysts have recently weighed in on the company. StockNews.com cut Green Plains from a "hold" rating to a "sell" rating in a research note on Wednesday, November 20th. BMO Capital Markets lowered their price target on shares of Green Plains from $22.00 to $17.00 and set a "market perform" rating for the company in a report on Wednesday, August 7th. Craig Hallum reduced their price objective on shares of Green Plains from $34.00 to $26.00 and set a "buy" rating on the stock in a research note on Wednesday, August 7th. Truist Financial lowered their target price on shares of Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. Finally, 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.

Institutional Trading of Green Plains

A number of hedge funds and other institutional investors have recently bought and sold shares of GPRE. Louisiana State Employees Retirement System boosted its position in shares of Green Plains by 2.2% during the second quarter. Louisiana State Employees Retirement System now owns 32,500 shares of the specialty chemicals company's stock valued at $515,000 after buying an additional 700 shares during the last quarter. Clearbridge Investments LLC grew its position in Green Plains by 0.7% in the 2nd quarter. Clearbridge Investments LLC now owns 103,690 shares of the specialty chemicals company's stock worth $1,645,000 after purchasing an additional 739 shares in the last quarter. ProShare Advisors LLC increased its stake in Green Plains by 9.7% in the 1st quarter. ProShare Advisors LLC now owns 12,013 shares of the specialty chemicals company's stock valued at $278,000 after buying an additional 1,063 shares during the last quarter. New York State Teachers Retirement System increased its stake in Green Plains by 2.3% in the 3rd quarter. New York State Teachers Retirement System now owns 62,254 shares of the specialty chemicals company's stock valued at $843,000 after buying an additional 1,400 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Green Plains by 11.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,917 shares of the specialty chemicals company's stock worth $221,000 after buying an additional 1,456 shares in the last quarter.

Green Plains Trading Down 1.0 %

Shares of GPRE stock traded down $0.11 during trading hours on Monday, hitting $11.21. 1,011,771 shares of the company's stock traded hands, compared to its average volume of 1,115,873. The stock has a market cap of $724.74 million, a PE ratio of -29.76 and a beta of 1.53. The stock's 50 day simple moving average is $12.22 and its 200 day simple moving average is $14.58. The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.46. Green Plains has a 12 month low of $10.36 and a 12 month high of $28.50.

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.