REX American Resources Corporat – Consensus Indicates Potential -60.6% Downside

Broker Ratings
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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 range between the high target price and low target price is between 38.33 and 35.33 with a mean TP of 36.83. With the stocks previous close at 93.44 this now indicates there is a potential downside of -60.6%. There is a 50 day moving average of 87.67 and the 200 day moving average is 92.5. The market capitalisation for the company is $1,673m. Find out more information at: https://www.rexamerican.com

The potential market cap would be $659m 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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