REX American Resources Corporat – Consensus Indicates Potential 32.0% Upside

Broker Ratings
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REX American Resources Corporat found using ticker (REX) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 38.33 and 35.33 calculating the average target price we see 36.83. Now with the previous closing price of 27.91 this is indicating there is a potential upside of 32.0%. The day 50 moving average is 30.68 and the 200 moving average now moves to 30.87. The market capitalisation for the company is $475m. Company Website: https://www.rexamerican.com

The potential market cap would be $627m 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.

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