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Reynolds Consumer Products Inc has a consensus price target of $31.2 based on the ratings of 10 analysts. The high is $38 issued by Jefferies on August 29, 2024. The low is $28 issued by Barclays on October 31, 2024. The 3 most-recent analyst ratings were released by Barclays, Jefferies, and RBC Capital on October 31, 2024, August 29, 2024, and August 8, 2024, respectively. With an average price target of $32.67 between Barclays, Jefferies, and RBC Capital, there's an implied 18.31% 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 Barclays on October 31, 2024. The analyst firm set a price target for $28.00 expecting REYN to rise to within 12 months (a possible 1.41% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Reynolds Consumer Prods (NASDAQ:REYN) was provided by Barclays, and Reynolds Consumer Prods maintained their equal-weight 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 October 31, 2024 so you should expect the next rating to be made available sometime around October 31, 2025.
While ratings are subjective and will change, the latest Reynolds Consumer Prods (REYN) rating was a maintained with a price target of $29.00 to $28.00. The current price Reynolds Consumer Prods (REYN) is trading at is $27.61, which is out of the analyst’s predicted range.
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