Green Plains (GPRE) Investors: Piper Jaffray Reconfirms Hold Rating, Sees $28.0000/Share, Mechel Pao (MTL) Shorts Lowered By 6.21%

July 17, 2017 - By Adrian Mccoy

Among 13 analysts covering Green Plains Renewable Energy (NASDAQ:GPRE), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. Green Plains Renewable Energy has $35 highest and $16 lowest target. $24.93’s average target is 21.91% above currents $20.45 stock price. Green Plains Renewable Energy had 17 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, July 10 report. The stock of Green Plains Inc (NASDAQ:GPRE) has “Outperform” rating given on Wednesday, November 18 by Credit Suisse. Bank of America initiated the stock with “Buy” rating in Tuesday, July 21 report. Goldman Sachs upgraded Green Plains Inc (NASDAQ:GPRE) on Thursday, August 13 to “Neutral” rating. The rating was initiated by Barclays Capital with “Overweight” on Tuesday, July 21. Credit Suisse initiated Green Plains Inc (NASDAQ:GPRE) on Tuesday, July 21 with “Outperform” rating. On Monday, November 2 the stock rating was maintained by TH Capital with “Buy”. The firm has “Overweight” rating by Stephens given on Tuesday, July 21. On Tuesday, July 21 the stock rating was initiated by Robert W. Baird with “Outperform”. The company was maintained on Thursday, June 15 by Jefferies.

Mechel Pao (NYSE:MTL) had a decrease of 6.21% in short interest. MTL’s SI was 679,900 shares in July as released by FINRA. Its down 6.21% from 724,900 shares previously. With 144,200 avg volume, 5 days are for Mechel Pao (NYSE:MTL)’s short sellers to cover MTL’s short positions. The stock decreased 3.20% or $0.16 on July 14, reaching $4.84. About shares traded. Mechel PAO (ADR) (NYSE:MTL) has risen 184.53% since July 17, 2016 and is uptrending. It has outperformed by 167.83% the S&P500.

Among 2 analysts covering Mullen Group (NYSE:MTL), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Mullen Group had 2 analyst reports since June 27, 2016 according to SRatingsIntel. The firm has “Sell” rating by Deutsche Bank given on Tuesday, November 29. The stock has “Buy” rating by Summit Redstone Partners on Monday, June 27.

Mechel PAO, formerly Mechel OAO, is a holding company. The company has market cap of $1.22 billion. The Firm operates in the mining, steel and power industry divisions. It has a 2.83 P/E ratio. The Company’s divisions include Steel segment, comprising production and sales of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products, including forgings, stampings, and hardware, and ferrosilicon; Mining segment, comprising production and sales of coal , and middlings, coke and chemical products, and iron ore, which supplies raw materials to the Steel and Power divisions, and also sells raw materials to third parties, and Power segment, comprising generation and sales of electricity and heat power, which supplies electricity and heat power to the Steel and Mining divisions, and also sells a portion of electricity and heat power to third parties.

Investors sentiment increased to 1.55 in 2016 Q4. Its up 0.12, from 1.43 in 2016Q3. It is positive, as 11 investors sold Green Plains Inc shares while 51 reduced holdings. 39 funds opened positions while 57 raised stakes. 39.78 million shares or 3.51% more from 38.43 million shares in 2016Q3 were reported. Creative Planning holds 1,308 shares or 0% of its portfolio. Zebra Capital Management Ltd stated it has 11,769 shares or 0.1% of all its holdings. 64,605 were reported by Blackrock Group Inc Ltd. Bessemer Secs Limited Liability reported 414,200 shares. Pacad Invest Ltd invested in 0.04% or 10,000 shares. Nationwide Fund Advsr reported 75,894 shares. Investec Asset Mgmt Ltd stated it has 0.01% in Green Plains Inc (NASDAQ:GPRE). 287,372 are owned by Principal Financial Group. Balyasny Asset Management Ltd Liability holds 0.08% or 508,827 shares. Prudential Inc accumulated 0% or 67,390 shares. Wellington Mngmt Group Llp, a Massachusetts-based fund reported 68,435 shares. Tiaa Cref Management Ltd Com, a New York-based fund reported 234,517 shares. Ny State Teachers Retirement System has 0% invested in Green Plains Inc (NASDAQ:GPRE). Tower Rech Cap Llc (Trc) reported 1,393 shares. Us Fincl Bank De reported 150 shares stake.

Since February 27, 2017, it had 1 insider purchase, and 10 sales for $3.76 million activity. The insider Becker Todd A sold 5,600 shares worth $130,397. MAPES MICHELLE sold $98,000 worth of stock. The insider Peterson Brian sold 78,650 shares worth $1.99M. CROWLEY JAMES F had sold 2,000 shares worth $43,840. Bleyl Carl S also sold $92,325 worth of Green Plains Inc (NASDAQ:GPRE) on Thursday, March 2. BRIGGS JEFFREY S. sold $917,790 worth of stock or 39,902 shares. $88,240 worth of Green Plains Inc (NASDAQ:GPRE) was bought by Anderson James D.

Analysts await Green Plains Inc (NASDAQ:GPRE) to report earnings on August, 7. They expect $0.11 earnings per share, down 47.62% or $0.10 from last year’s $0.21 per share. GPRE’s profit will be $4.53 million for 46.48 P/E if the $0.11 EPS becomes a reality. After $-0.09 actual earnings per share reported by Green Plains Inc for the previous quarter, Wall Street now forecasts -222.22% EPS growth.

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