M.P. Evans Group (LON:MPE) Given Buy Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of M.P. Evans Group (LON:MPE) in a report issued on Friday, ThisIsMoney.Co.Uk reports.

Separately, FinnCap reiterated a corporate rating on shares of M.P. Evans Group in a report on Thursday, September 5th.

Shares of LON:MPE opened at GBX 657 ($8.58) on Friday. The company has a quick ratio of 1.65, a current ratio of 2.12 and a debt-to-equity ratio of 7.49. The business has a fifty day moving average of GBX 672.46 and a two-hundred day moving average of GBX 679.24. The stock has a market cap of $358.53 million and a P/E ratio of 67.04. M.P. Evans Group has a 52-week low of GBX 616 ($8.05) and a 52-week high of GBX 794 ($10.38).

The firm also recently disclosed a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 17th will be issued a GBX 5 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a dividend yield of 0.76%. M.P. Evans Group’s payout ratio is currently 1.84%.

M.P. Evans Group Company Profile

M.P. Evans Group PLC, through its subsidiaries, operates oil palm plantations in Indonesia. The company produces crude palm oil and palm kernels. It is also involved in the property development and oil-palm fresh fruit bunches production businesses in Malaysia; and the provision of agronomic and management consultancy services.

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