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 in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 38.33 and 35.33 with the average target price sitting at 36.83. Now with the previous closing price of 93.5 this would indicate that there is a downside of -60.6%. There is a 50 day moving average of 88.29 and the 200 day moving average is 92.63. The company has a market capitalisation of $568m. Visit the company website at: https://www.rexamerican.com

The potential market cap would be $224m 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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