REX American Resources Corporat with ticker code (REX) now have 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 38 and 38 calculating the average target price we see $38.00. Given that the stocks previous close was at $28.47 this is indicating there is a potential upside of 33.5%. The 50 day moving average now sits at $30.82 and the 200 day moving average is $30.53. The company has a market cap of $495m. You can visit the company’s website by visiting: https://www.rexamerican.com
The potential market cap would be $661m 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 18.14, revenue per share of 48.48 and a 2.85% return on assets.
