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Piper Jaffray disclosed Reynolds American (NYSE:RAI), boosting its price target to $67.00 earlier today

Having a price of $66.42, Reynolds American (NYSE:RAI) traded -2.23% lower on the day. With the last stock price up 2.19% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. RAI has recorded a 50-day average of $65.25 and a two hundred day average of $64.00. Trade Volume was up over the average, with 159,452,032 shares of RAI changing hands over the typical 6,790,810

Reporting a potential upside of 0.01%, Piper Jaffray upped the price target of Reynolds American (NYSE:RAI) to $67.00

Recent Performance Chart

Reynolds American (NYSE:RAI)

Reynolds American has with a one year low of $43.38 and a one year high of $67.81 and has a market capitalization of $0.

A total of 8 brokerages have issued a ratings update on Reynolds American. Two brokerages rating the company a strong buy, five brokerages rating the company a buy, two brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $54.13.

General Company Details For Reynolds American (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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