Green Plains Renewable Energy (NASDAQ:GPRE) has been upgraded from Equal-weight to Overweight in a report by Stephens today.
- Updated: October 4, 2016
Stephens has upgraded Green Plains Renewable Energy (NASDAQ:GPRE) from Equal-weight to Overweight in a report released on Tuesday October 04, 2016.
Previously on 7/02/2015, ROTH Capital released a statement about Green Plains Renewable Energy (NASDAQ:GPRE) increased the target price from $40.00 to $45.00. At the time, this indicated a possible upside of 0%.
Just yesterday Green Plains Renewable Energy (NASDAQ:GPRE) traded 4.62% higher at $27.31. Green Plains Renewable Energy’s 50-day moving average is $24.63 and its 200-day moving average is $20.16. The last stock price is up 34.74% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 526,711 shares of GPRE traded hands, down from an average trading volume of 784,650
Recent Performance Chart
Green Plains Renewable Energy has 52 week low of $12.39 and a 52 week high of $28.37 and has a market capitalization of $0.
Brief Synopsis On Green Plains Renewable Energy (NASDAQ:GPRE)
Green Plains Inc. (Green Plains) is a vertically integrated producer, marketer and distributor of ethanol. The Company operates through four segments: Ethanol Production, Agribusiness, Marketing and Distribution, and Partnership. The Company's ethanol production segment is engaged in the production of ethanol and related distillers grain. Its ethanol production segment includes over 10 ethanol plants in Indiana, Iowa, Michigan, Minnesota, Nebraska, Tennessee, Texas and Virginia. The Company owns and operates grain handling and storage assets through its agribusiness segment. The Company's marketing and distribution segment is engaged in marketing and providing logistical services for ethanol and other commodities for a third-party ethanol producer. The Company's partnership segment provides fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.
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