Rare Earths Americas (NYSEAMERICAN:REA) Upgraded by Zacks Research to Hold Rating

Rare Earths Americas (NYSEAMERICAN:REA) was upgraded by investment analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other brokerages have also recently commented on REA. Canaccord Genuity Group began coverage on shares of Rare Earths Americas in a report on Monday, June 1st. They set a “buy” rating and a $25.00 target price for the company. B. Riley Financial started coverage on shares of Rare Earths Americas in a research note on Monday, June 1st. They issued a “buy” rating and a $28.00 price objective for the company. Stifel Nicolaus started coverage on shares of Rare Earths Americas in a research note on Monday, June 1st. They issued a “buy” rating and a $30.00 price objective for the company. Finally, Cantor Fitzgerald started coverage on shares of Rare Earths Americas in a research note on Monday, June 1st. They issued a “speculative buy” rating and a $34.00 price objective for the company. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $29.25.

Rare Earths Americas Stock Down 9.5%

Shares of REA stock opened at $17.00 on Tuesday. Rare Earths Americas has a 12 month low of $17.00 and a 12 month high of $30.02.