Earnings per share were $0.58. During the same quarter in the previous year, the company reported EPS of $0.55. UBS Initiated Reynolds American on Aug 25, 2016 to “Neutral”, Price Target of the shares are set at $52.
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Aviance Capital Management LLC increased its position in shares of Reynolds American Inc. Analysts had an estimated revenue of $3.26B. Following the transaction, the Director is left with a stake of 25,000 shares, now valued at $1219500. The company earned $3.20 billion during the quarter, compared to analysts’ expectations of $3.26 billion.
Several Insider Transactions has been reported to the SEC. News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Reynolds American, Inc. with MarketBeat.com’s FREE daily email newsletter. Morgan Stanley reiterated a “hold” rating on shares of Reynolds American in a research note on Thursday, September 1st. Jefferies Group assumed coverage on Reynolds American in a research note on Wednesday. The Japan-based Fukoku Mutual Life Insurance Co has invested 2.95% in the stock.
Outlined as the total market value of all unsettled shares of the company, the current market cap for the Reynolds American Inc. And roundups of analyst notes show that 4 are rating the stock a buy while 3 rate RAI a strong buy. Changes in price targets are not unusual as analysts and brokerage firms will publish periodic updates after initiating coverage, .
Just yesterday Reynolds American (NYSE:RAI) traded 0.28% higher at $47.66. There are now 1,435,776,488 shares in issue with the average daily volume traded being 4,189,948. It has been assigned a low target price of $52 and a high target price of $70.
US based company, Reynolds American Inc.’s (RAI)’s latest closing price distance was at 0.06% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -1.82% and 0.03% compared with the 20 Day Moving Average. The 9 analysts gave Hold ratings in recent rating.
More recent Reynolds American, Inc. BlackRock Fund Advisors raised its stake in Reynolds American by 1.7% in the first quarter. The negative money flow of $5.11 million in block trades reveals that the informed traders sold the stock on every bit of price strength. Community Bank N.A. boosted its position in shares of Reynolds American by 148.2% in the second quarter. The firm owned 2,380,516 shares of the company’s stock after buying an additional 1,358,456 shares during the period. AMP Capital Investors Ltd now owns 789,202 shares of the company’s stock worth $39,839,000 after buying an additional 67,138 shares in the last quarter. The average numbers of shares are traded in a security per day, during the recent 3-month period.
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The shares outstanding for Reynolds American Inc.is levered at 1426.13 *. The ex-dividend date is Thursday, September 8th. The PEG holds a value of 1.08 , whilst P/B is stated to be 3.18. Eventually, Reynolds American Inc. In the previous fiscal quarter, Reynolds American Inc (NYSE:RAI) posted EPS of $0.58. The Company operates through three segments: RJR Tobacco American Snuff and Santa Fe.
