Vetr Top Raters Upgrade Reynolds American

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Shares of Reynolds American, Inc. RAI have widely outperformed the S&P 500 and Dow Jones. While both these indexes have lost more than 3 percent year-to-date, the above mentioned company gained 12 percent. This has probably led top Raters at the Vetr Community to upgrade the stock from 3.5 Stars to 4.5 Stars -- out of a possible 5.0 Star rating. The crowd has set a $59.64 price target, which implies an upside of more than 15 percent from current stock prices.

Related link: Here's How Crowdsourced Ratings Can Beat The Market

It should also be noted that 66 percent of the crowd's ratings are bullish. However, analysts are less confident on the company, and have fixed an average price target of $52.64 per share.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted In: DowngradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr
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