RBC Capital analyst Elvira Scotto maintained a Buy rating on Enviva (NYSE:EVA) on Friday, setting a price target of $46, which is approximately 11.95% above the present share price of $41.09.
Scotto expects Enviva to post earnings per share (EPS) of $0.10 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Enviva, with an average price target of $41.33.
The analysts price targets range from a high of $46 to a low of $36.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $204.48 million and a net profit of $17.86 million. The company's market cap is $1.63 billion.
According to TipRanks.com, RBC Capital analyst Elvira Scotto is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.1% and a 61.05% success rate.
Enviva Partners LP engages in the production, process, and distribution of wood biomass to power generators. It offers wood pellets and wood chips which are used in coal-fired power generation and power plants. The company was founded on November 12, 2013 and is headquartered in Bethesda, MD.