Equities research analysts at Deutsche Bank lifted their price target on shares of Rexam (LON: REX) from $7.74 (515 GBX) to $8.57 (570 GBX) in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock.
A number of other firms have also recently commented on REX. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Rexam in a research note to investors on Thursday, February 21st. They now have a $9.31 price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Rexam in a research note to investors on Wednesday, February 20th. They now have a $8.61 price target on the stock. Finally, analysts at Jefferies Group downgraded shares of Rexam to a “hold” rating in a research note to investors on Friday, January 18th. They now have a $8.00 price target on the stock.
Rexam opened at 522.105 on Tuesday. Rexam has a 1-year low of GBX 433.444 and a 1-year high of GBX 522.667. The stock’s 50-day moving average is currently GBX 436..
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.
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