Tanya Ashton Purchases 669 Shares of M.P. Evans Group (LON:MPE) Stock

M.P. Evans Group PLC (LON:MPE) insider Tanya Ashton bought 669 shares of M.P. Evans Group stock in a transaction dated Tuesday, March 24th. The shares were acquired at an average cost of GBX 1,493 per share, for a total transaction of £9,988.17.

M.P. Evans Group Stock Down 1.4%

Shares of MPE stock opened at GBX 1,459.49 on Friday. The stock has a fifty day moving average of GBX 1,423.83 and a 200 day moving average of GBX 1,331.11. M.P. Evans Group PLC has a 52 week low of GBX 912 and a 52 week high of GBX 1,550. The firm has a market capitalization of £761.50 million, a price-to-earnings ratio of 7.24 and a beta of 0.67.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 1,750 price objective on shares of M.P. Evans Group in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, M.P. Evans Group presently has an average rating of “Buy” and a consensus target price of GBX 1,750.

About M.P. Evans Group

M.P. Evans Group PLC is a responsible producer of certified sustainable crude palm oil (“CPO”), with plantations in five Indonesian provinces: Aceh, Bangka Belitung, East Kalimantan, North Sumatra and South Sumatra.

Headquartered in the UK, the Group’s shares are traded on the London Stock Exchange’s Alternative Investment Market (“AIM”).

The Group was founded by Matthew Pennefather Evans in the 1870s and its long history in tropical agriculture includes experience in tea and rubber plantations.