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Rexam (LON:REX)‘s stock had its “hold” rating reaffirmed by stock analysts at Cantor Fitzgerald in a report issued on Thursday, Analyst Ratings Network reports. They currently have a GBX 530 ($8.42) price objective on the stock. Cantor Fitzgerald’s price target indicates a potential upside of 6.96% from the company’s current price.
REX has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Rexam (LON:REX) in a research note to investors on Friday, September 13th. They now have a GBX 555 ($8.81) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Rexam (LON:REX) in a research note to investors on Thursday, August 22nd. They now have a GBX 550 ($8.73) price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Rexam (LON:REX) in a research note to investors on Tuesday, August 6th. They now have a GBX 540 ($8.57) price target on the stock.
Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 551.47 ($8.76).
Rexam (LON:REX) opened at 494.70 on Thursday. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
Rexam PLC is a global consumer packaging company. It is organized in three segments for Beverage Cans based on the geographical locations of Europe and Asia, North America and South America, and into one operating segment for Plastic Packaging.Image may be NSFW.
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