REX American Resources Corporat with ticker code (REX) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 115 and 106 with the average target price sitting at 110.5. Given that the stocks previous close was at 85.25 this would imply there is a potential upside of 29.6%. The 50 day MA is 93.56 and the 200 moving average now moves to 90.31. The company has a market capitalisation of $507m. Company Website: https://www.rexamerican.com
The potential market cap would be $658m 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.
