Brokerage Firm Rating on Reynolds American Inc (RAI)

Reynolds American Inc (RAI) : The consensus on Reynolds American Inc (RAI) based on 9 analyst recommendation on the company stock is 1.89, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Reynolds American Inc (RAI) : The most positive equity analysts on Reynolds American Inc (RAI) expects the shares to touch $61, whereas, the least positive believes that the stock will trade at $52 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $55.43 with an expected fluctuation of $3.1 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Reynolds American Inc (NYSE:RAI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.78 and $49.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $50.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $50.10, notching a gain of 0.91% for the day. The total traded volume was 5,329,421 . The stock had closed at $49.65 on the previous day.

In a related news, The director officer (President and CEO), of Reynolds American Inc, Cameron Susan M. had unloaded 105,766 shares at $49.88 per share in a transaction on May 9, 2016. The total value of transaction was $5,275,608. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Reynolds American Inc. (RAI) is a holding company. The Company operates through three segments: RJR Tobacco, American Snuff and Santa Fe. The RJR Tobacco segment consists principally of the primary operations of R. J. Reynolds Tobacco Company. The American Snuff segment consists of the primary operations of American Snuff Co. The Santa Fe segment consists of the domestic operations of Santa Fe Natural Tobacco Company Inc. (SFNTC). The Companys wholly owned subsidiaries include R. J. Reynolds Tobacco Company, American Snuff Company, LLC (American Snuff Co.), Lorillard, Inc., Santa Fe Natural Tobacco Company, Inc. (SFNTC), R. J. Reynolds Vapor Company (RJR Vapor), Niconovum USA, Inc. and Niconovum AB.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.