Jefferies & Co disclosed Reynolds American Inc. (NYSE:RAI), boosting its price target to $61.00 earlier today
- Updated: September 21, 2016
Having a price of $47.68, Reynolds American Inc. (NYSE:RAI) traded 0.28% higher on the day. With the last stock price close down -5.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Reynolds American Inc. has recorded a 50-day average of $49.51 and a two hundred day average of $50.42. Volume of trade was down over the average, with 729,337 shares of RAI changing hands under the typical 4,416,670
Reporting as potential upside of 0.28%, Jefferies & Co upped the price target of Reynolds American Inc. (NYSE:RAI) to $61.00
On Tuesday September 13, 2016, Citigroup released a statement about Reynolds American Inc. (NYSE:RAI) upped the target price from $0.00 to $57.00 that suggested an upside of 0.19%.
With a total market value of $0, Reynolds American Inc. has price-earnings ratio of 12.90 with a one year low of $41.91 and a one year high of $54.48 .
A total of 8 analysts have released a research note on Reynolds American Inc.. Two analysts rating the company a strong buy, five analysts rating the company a buy, two analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $54.13.
More About Reynolds American Inc. (NYSE:RAI)
Reynolds American Inc. (RAI) is a holding company. The Company's segments are RJR Tobacco, Santa Fe and American Snuff. The RJR Tobacco segment consists principally of the primary operations of R. J. Reynolds Tobacco Company. The Santa Fe segment consists of the domestic operations of Santa Fe Natural Tobacco Company, Inc. (SFNTC). The American Snuff segment consists of the primary operations of American Snuff Company, LLC. Its RJR Tobacco segment manages contract manufacturing of cigarettes and tobacco products through arrangements with British American Tobacco p.l.c. (BAT) affiliates, and manages the export of tobacco products to certain United States territories, the United States duty-free shops and the United States overseas military bases. The American Snuff segment offers adult tobacco consumers a range of segregated smokeless tobacco products, primarily moist snuff. Its Santa Fe segment manufactures and markets super-premium cigarettes and other tobacco products.
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