REX American Resources Corporat – Consensus Indicates Potential 26.6% Upside

Broker Ratings
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REX American Resources Corporat which can be found using ticker (REX) now have 2 analysts in total covering the stock. The consensus rating is pointing to ‘Strong_Buy’. The target price High/Low ranges between 38.5 and 38 calculating the average target price we see $38.25. Given that the stocks previous close was at $30.21 this now indicates there is a potential upside of 26.6%. The 50 day moving average now sits at $32.15 and the 200 moving average now moves to $30.55. The total market capitalization for the company now stands at $492m. Company Website: https://www.rexamerican.com

The potential market cap would be $623m 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.

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