Green Plains Partners Receives a New Rating from Top Analyst

By Ryan Adsit

RBC Capital analyst T J Schultz reiterated a Buy rating on Green Plains Partners (NASDAQ: GPP) yesterday and set a price target of $22. The company’s shares opened today at $19.35.

According to TipRanks.com, Schultz is a top 100 analyst with an average return of 16.8% and a 67.3% success rate. Schultz covers the Basic Materials sector, focusing on stocks such as American Midstreampartners Lp, Energy Transfer Partners LP, and Sanchez Production Partners.

Green Plains Partners has an analyst consensus of Moderate Buy, with a price target consensus of $22.

The company has a one year high of $21.75 and a one year low of $14.33. Currently, Green Plains Partners has an average volume of 44.92K.

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Green Plains Partners LP provides ethanol and fuel storage, terminal and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. The company was founded in March 2015 and is headquartered in Omaha, NE.