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Reynolds Consumer Products Inc has a consensus price target of $31.3 based on the ratings of 10 analysts. The high is $38 issued by Jefferies on August 29, 2024. The low is $28 issued by Citigroup on June 27, 2022. The 3 most-recent analyst ratings were released by Jefferies, RBC Capital, and Barclays on August 29, 2024, August 8, 2024, and August 8, 2024, respectively. With an average price target of $33 between Jefferies, RBC Capital, and Barclays, there's an implied 2.39% upside for Reynolds Consumer Products Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Reynolds Consumer Prods (NASDAQ:REYN) was reported by Jefferies on August 29, 2024. The analyst firm set a price target for $38.00 expecting REYN to rise to within 12 months (a possible 17.90% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Reynolds Consumer Prods (NASDAQ:REYN) was provided by Jefferies, and Reynolds Consumer Prods initiated their buy rating.
The last upgrade for Reynolds Consumer Products Inc happened on October 3, 2023 when Goldman Sachs raised their price target to $30. Goldman Sachs previously had a sell for Reynolds Consumer Products Inc.
The last downgrade for Reynolds Consumer Products Inc happened on November 22, 2023 when JP Morgan changed their price target from $29 to $28 for Reynolds Consumer Products Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reynolds Consumer Prods, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Reynolds Consumer Prods was filed on August 29, 2024 so you should expect the next rating to be made available sometime around August 29, 2025.
While ratings are subjective and will change, the latest Reynolds Consumer Prods (REYN) rating was a initiated with a price target of $0.00 to $38.00. The current price Reynolds Consumer Prods (REYN) is trading at is $32.23, which is within the analyst’s predicted range.
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