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Piper Jaffray Companies recorded Reynolds American, Inc. (NYSE:RAI), upping its target price to $67.00 today

Boasting a price of $66.42, Reynolds American, Inc. (NYSE:RAI) traded -2.23% lower on the day. The last closing price is up 2.19% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. RAI has recorded a 50-day moving average of $65.25 and a 200-day moving average of $64.00. Volume of trade was up over the average, with 159,452,032 shares of RAI changing hands over the typical 6,790,810

Reporting a possible upside of 0.01%, Piper Jaffray Companies increased the stock price target of Reynolds American, Inc. (NYSE:RAI) to $67.00

Recent Performance Chart

Reynolds American, Inc. (NYSE:RAI)

Reynolds American, Inc. has a with a 52 week low of $43.38 and a 52 week high of $67.81 Reynolds American, Inc.’s market capitalization is currently $0.

A total of 8 equity analysts have released a ratings update on RAI. 2 brokers rating the stock a strong buy, 5 analysts rating the company a buy, two analysts rating the company a hold, 1 brokerage rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $54.13.

Brief Synopsis About Reynolds American, Inc. (NYSE:RAI)

Reynolds American Inc. (RAI) is a holding company. The Company's segments include RJR Tobacco, which consists of the primary operations of its subsidiary, R. J. Reynolds Tobacco Company; Santa Fe, which consists of the primary operations of its subsidiary, Santa Fe Natural Tobacco Company, Inc., and American Snuff, which consists of the primary operations of its subsidiary, American Snuff Company, LLC. The RJR Tobacco segment manages contract manufacturing of cigarettes and tobacco products through arrangements with British American Tobacco p.l.c. 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. The Santa Fe segment manufactures and markets super-premium cigarettes and other tobacco products under the NATURAL AMERICAN SPIRIT brand.

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