Green Plains (NASDAQ:GPRE) Upgraded at StockNews.com

StockNews.com upgraded shares of Green Plains (NASDAQ:GPRE) from a sell rating to a hold rating in a report issued on Tuesday morning.

Several other analysts also recently commented on GPRE. Truist Financial reduced their price objective on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. Craig Hallum reduced their price objective on shares of Green Plains from $34.00 to $26.00 and set a “buy” rating for the company in a research report on Wednesday, August 7th. Oppenheimer downgraded shares of Green Plains from an “outperform” rating to a “market perform” rating in a research report on Wednesday, August 7th. BMO Capital Markets reduced their price objective on shares of Green Plains from $22.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, August 7th. Finally, UBS Group reduced their price target on shares of Green Plains from $26.00 to $23.50 and set a “buy” rating for the company in a research report on Monday, August 19th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $25.50.

Green Plains Stock Performance

Shares of GPRE stock opened at $10.91 on Tuesday. The company has a market cap of $705.33 million, a price-to-earnings ratio of -28.71 and a beta of 1.53. Green Plains has a 52 week low of $10.69 and a 52 week high of $28.50. The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.46. The firm has a 50 day moving average of $12.42 and a 200-day moving average of $15.05.

Hedge Funds Weigh In On Green Plains

Several large investors have recently bought and sold shares of the stock. Mutual of America Capital Management LLC raised its stake in shares of Green Plains by 6.3% during the 1st quarter. Mutual of America Capital Management LLC now owns 11,071 shares of the specialty chemicals company’s stock worth $256,000 after purchasing an additional 655 shares during the period. Texas Permanent School Fund Corp raised its stake in shares of Green Plains by 9.0% during the 1st quarter. Texas Permanent School Fund Corp now owns 56,045 shares of the specialty chemicals company’s stock worth $1,296,000 after purchasing an additional 4,636 shares during the period. Swiss National Bank raised its stake in shares of Green Plains by 14.1% during the 1st quarter. Swiss National Bank now owns 120,400 shares of the specialty chemicals company’s stock worth $2,784,000 after purchasing an additional 14,900 shares during the period. Inspire Investing LLC raised its stake in shares of Green Plains by 4.1% during the 1st quarter. Inspire Investing LLC now owns 17,200 shares of the specialty chemicals company’s stock worth $398,000 after purchasing an additional 675 shares during the period. Finally, ProShare Advisors LLC raised its stake in shares of Green Plains by 9.7% during the 1st quarter. ProShare Advisors LLC now owns 12,013 shares of the specialty chemicals company’s stock worth $278,000 after purchasing an additional 1,063 shares during the period.

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.