Brokerage Firm Rating on Green Plains (GPRE)

Green Plains (GPRE) : Zacks Investment Research ranks Green Plains (GPRE) as 1, which is a Strong Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 2, which indicates as a Buy.

Green Plains (GPRE) : 4 Wall Street analysts covering Green Plains (GPRE) believe that the average level the stock could reach for the short term is $22.5. The maximum price target given is $27 and the minimum target for short term is around $18, hence the standard deviation is calculated at $4.2.


For the current week, the company shares have a recommendation consensus of Buy. Green Plains (NASDAQ:GPRE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.94 and $21.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.43, notching a gain of 3.51% for the day. The total traded volume was 1,583,853 . The stock had closed at $21.67 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Mapes Michelle, officer (EVP – Gen Counsel Corp Sec) of Green Plains Inc., had unloaded 3,000 shares at an average price of $19.5 in a transaction dated on June 23, 2016. The total value of the transaction was worth $58,500.

Green Plains Inc. is a producer, marketer and distributor of ethanol. The Company operates in four segments: Ethanol Production segment, which is engaged in the production of ethanol and related distillers grain; Corn Oil Production segment, which is engaged in corn oil extraction systems; Agribusiness segment, which is engaged in grain handling and storage and cattle feedlot operations, and Marketing and Distribution segment, which is engaged in marketing and providing logistical services for ethanol and other commodities for a third-party ethanol producer. It owns an ethanol production facility, which includes approximately 100 million gallons per year of production capacity, a corn oil extraction system and other related assets. It processes approximately 12 million tons of corn annually, producing over 1.2 billion gallons of ethanol, approximately 3.4 million tons of livestock feed and approximately 275 million pounds of industrial grade corn oil at full capacity.

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