Analyst Scoreboard: 4 Ratings For REX American Resources
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for REX American Resources (NYSE:REX) over the past three months, with a majority being bullish. The average 12-month price target has increased to $64.5, reflecting a 2.79% rise from the previous target. Despite a recent revenue decline, the company shows strong profitability and efficient financial management.
June 17, 2024 | 6:01 pm
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REX American Resources has received mixed but predominantly bullish ratings from analysts, with an increased average price target of $64.5. Despite a recent revenue decline, the company maintains strong profitability and efficient financial management.
The majority of analysts have given bullish ratings, and the average price target has increased, indicating positive sentiment. Despite a recent revenue decline, the company's strong profitability and efficient financial management are likely to support its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100