In a report released today, Lauren Lieberman from Barclays maintained a Hold rating on Reynolds Consumer Products (REYN – Research Report), with a price target of $28.00. The company’s shares closed yesterday at $28.76.
According to TipRanks, Lieberman is a 3-star analyst with an average return of 1.9% and a 51.87% success rate. Lieberman covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Colgate-Palmolive, and Keurig Dr Pepper.
The word on The Street in general, suggests a Hold analyst consensus rating for Reynolds Consumer Products with a $29.71 average price target, implying a 3.30% upside from current levels. In a report released on April 9, RBC Capital also maintained a Hold rating on the stock with a $31.00 price target.
The company has a one-year high of $29.79 and a one-year low of $24.39. Currently, Reynolds Consumer Products has an average volume of 627.1K.
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Reynolds Consumer Products (REYN) Company Description:
Reynolds Consumer Products, Inc. manufactures and sells household products. It operates through the following segments: Presto Products, Reynolds Cooking & Baking, Hefty Waste & Storage and Hefty Tableware. The Reynolds Cooking & Baking segment produces branded and store brand foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, plastic wrap, baking cups, oven bags and slow cooker liners. The Hefty Waste & Storage segment produces both branded and store brand trash and food storage bags. Its products are sold under the Hefty Ultra Strong, Hefty Strong Trash Bags, Hefty Renew and Hefty Slider Bags brands. The Hefty Tableware segment sells both branded and store brand disposable and compostable plates, bowls, platters, cups and cutlery. The Presto Products segment sells store brand products in four main categories including food storage bags, trash bags, reusable storage containers and plastic wrap. The company was founded on September 29, 2011 and is headquartered in Lake Forest, IL.
