Reynolds American Inc (RAI) : The consensus on Reynolds American Inc (RAI) based on 9 analyst recommendation on the company stock is 2.11, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Reynolds American Inc (RAI).
Reynolds American Inc (RAI) : Currently there are 7 street experts covering Reynolds American Inc (RAI) stock. The most bullish and bearish price target for the stock is $58 and $48 respectively for the short term. The average price target of all the analysts comes to $54.14. The estimated standard deviation from the target is $3.53.
Reynolds American Inc (NYSE:RAI): The stock opened at $53.92 on Wednesday but the bulls could not build on the opening and the stock topped out at $54.19 for the day. The stock traded down to $53.16 during the day, due to lack of any buying support eventually closed down at $53.61 with a loss of -0.52% for the day. The stock had closed at $53.89 on the previous day. The total traded volume was 5,536,859 shares.
Also, Berenberg initiates coverage on Reynolds American Inc (NYSE:RAI). The current rating of the shares is Hold, according to the research report released by the firm. The rating by the firm was issued on June 14, 2016. The company shares have rallied 42.17% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $54.48 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $50.95 and the 200 Day Moving Average price is recorded at $49.55.
Reynolds American Inc. (RAI) is a holding company. The Company operates through three segments: RJR Tobacco, American Snuff and Santa Fe. The RJR Tobacco segment consists principally of the primary operations of R. J. Reynolds Tobacco Company. The American Snuff segment consists of the primary operations of American Snuff Co. The Santa Fe segment consists of the domestic operations of Santa Fe Natural Tobacco Company Inc. (SFNTC). The Companys wholly owned subsidiaries include R. J. Reynolds Tobacco Company, American Snuff Company, LLC (American Snuff Co.), Lorillard, Inc., Santa Fe Natural Tobacco Company, Inc. (SFNTC), R. J. Reynolds Vapor Company (RJR Vapor), Niconovum USA, Inc. and Niconovum AB.