Reynolds American To Gain Another 4.8%, Vetr Crowd Says

Shares of Reynolds American, Inc. RAI spiked up more than 14 percent last Friday, and an extra 2.45 percent on Monday. Since Tuesday, however, the stock lost about 1.7 percent of its value.

The Vetr crowd seems to believe this has unlocked some room for further upside, as evidenced by its average price target of $56.73, which implies a potential return of roughly 4.8 percent from current valuations.

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

Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Reynolds American on Thursday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.

It should be noted that, in accordance with the current score and price target, 62 percent of the crowd’s ratings are bullish right now.