Rexam Receives Overweight Rating from Barclays Capital (REX)
Rexam (LON: REX)‘s stock had its “overweight” rating restated by analysts at Barclays Capital in a research report issued to clients and investors on Thursday. They currently have a $9.31 (611 GBX) price target on the stock.
REX has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of Rexam in a research note to investors on Wednesday. They now have a $8.61 price target on the stock.
Rexam opened at 503.00 on Thursday. Rexam has a 1-year low of GBX 432.556 and a 1-year high of GBX 522.667. The stock’s 50-day moving average is currently GBX 436.. The company’s market cap is £3.938 billion.
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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