REX American Resources Corporat – Consensus Indicates Potential 23.7% Upside

Broker Ratings
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REX American Resources Corporat with ticker code (REX) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The target price High/Low ranges between 38.5 and 38 with the average target price sitting at $38.25. Now with the previous closing price of $30.91 and the analysts are correct then there would likely be a percentage uptick in value of 23.7%. There is a 50 day moving average of $32.17 and the 200 moving average now moves to $30.54. The market cap for the company is $552m. Visit the company website at: https://www.rexamerican.com

The potential market cap would be $683m based on the market consensus.

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.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 14.5, revenue per share of 48.85 and a 5.72% return on assets.

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