REX American Resources Corporat with ticker code (REX) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 115 and 106 with a mean TP of 110.5. With the stocks previous close at 90.23 this is indicating there is a potential upside of 22.5%. The 50 day MA is 87.92 and the 200 moving average now moves to 92.15. The market capitalisation for the company is $524m. Visit the company website at: https://www.rexamerican.com
The potential market cap would be $642m based on the market concensus.
REX American Resources Corporation, together with its subsidiaries, produces and sells ethanol in the United States. The company also offers corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. In addition, the company provides dry distillers grains with solubles, which is used as a protein in animal feed. The company was formerly known as REX Stores Corporation and changed its name to REX American Resources Corporation in 2010. REX American Resources Corporation was founded in 1980 and is headquartered in Dayton, Ohio.
