Rare Earths Americas, Inc. (NYSEAMERICAN:REA) Given Consensus Rating of “Moderate Buy” by Brokerages

Rare Earths Americas, Inc. (NYSEAMERICAN:REAGet Free Report) has received a consensus rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $25.86.

A number of research firms have commented on REA. Jefferies Financial Group assumed coverage on shares of Rare Earths Americas in a research report on Wednesday, September 2nd. They set a “hold” rating and a $12.30 price target on the stock. Zacks Research raised shares of Rare Earths Americas to a “hold” rating in a research note on Tuesday, June 9th. Canaccord Genuity Group assumed coverage on Rare Earths Americas in a report on Monday, June 1st. They issued a “buy” rating and a $25.00 target price on the stock. Cantor Fitzgerald began coverage on shares of Rare Earths Americas in a report on Monday, June 1st. They set a “speculative buy” rating and a $34.00 price target on the stock. Finally, B. Riley Financial began coverage on Rare Earths Americas in a research report on Monday, June 1st. They set a “buy” rating and a $28.00 price target on the stock.

View Our Latest Stock Report on REA

Rare Earths Americas Price Performance

REA stock opened at $11.60 on Wednesday. The company’s fifty day simple moving average is $12.58. Rare Earths Americas has a 1-year low of $8.95 and a 1-year high of $30.02.

Rare Earths Americas (NYSEAMERICAN:REAGet Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported ($0.70) earnings per share (EPS) for the quarter. Equities research analysts predict that Rare Earths Americas will post -0.79 earnings per share for the current fiscal year.

About Rare Earths Americas

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Rare Earths Americas Inc is an exploration stage company advancing a portfolio of critical minerals projects focused on high-grade heavy rare earth mineral assets principally in the United States and Brazil. Rare Earths Americas Inc is based in MANCHESTER, Ga.

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Analyst Recommendations for Rare Earths Americas (NYSEAMERICAN:REA)

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