REX American Resources Corporat with ticker code (REX) have now 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 38 and 38 and has a mean target at $38.00. Given that the stocks previous close was at $28.67 this indicates there is a potential upside of 32.5%. The 50 day MA is $31.62 while the 200 day moving average is $30.51. The market cap for the company is $493m. Visit the company website at: https://www.rexamerican.com
The potential market cap would be $654m 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, it 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.
Other points of data to note are a P/E ratio of 18.3, revenue per share of 48.48 and a 2.85% return on assets.
