Reynolds Consumer Products Inc. – Consensus ‘hold’ rating and 12.2% Upside Potential

Broker Ratings
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Reynolds Consumer Products Inc. with ticker code (REYN) now have 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $35.00 and $27.00 with the average target price sitting at $30.19. Given that the stocks previous close was at $26.91 this indicates there is a potential upside of 12.2%. Also worth taking note is the 50 day moving average now sits at $26.76 and the 200 day moving average is $27.04. The total market capitalization for the company now stands at 5.71B. The stock price is currently at: $27.17 USD

The potential market cap would be $6,401,429,459 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.23, revenue per share of $18.28 and a 6.04% return on assets.

Reynolds Consumer Products Inc. is a consumer products company. The Company produces and sells products across three categories: cooking products, waste and storage products and tableware. The Company offers its products under various brands, such as Reynolds and Hefty. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware and Presto Products. The Company’s Reynolds Cooking & Baking segment produces branded and store brand foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, plastic wrap, baking cups, oven bags and slow cooker liners. Hefty Waste & Storage segment produces both branded and store brand trash and food storage bags. Hefty Tableware segment sells both branded and store brand disposable and compostable plates, bowls, platters, cups and cutlery. The Presto Products segment primarily sells store brand products in four categories: food storage bags, trash bags, reusable storage containers and plastic wrap.

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