REX American Resources Corporat which can be found using ticker (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 38.5 and 38 with the average target price sitting at $38.25. Given that the stocks previous close was at $28.66 this would indicate that there is a potential upside of 33.5%. There is a 50 day moving average of $31.98 and the 200 moving average now moves to $30.51. The total market capitalization for the company now stands at $507m. You can visit the company’s website by visiting: https://www.rexamerican.com
The potential market cap would be $677m 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, 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.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.23, revenue per share of 48.48 and a 2.85% return on assets.
