On Oct 31, major Wall Street analysts update their ratings for $Reynolds Consumer Products (REYN.US)$, with price targets ranging from $28 to $32.
Barclays analyst Lauren Lieberman maintains with a hold rating, and maintains the target price at $28.
RBC Capital analyst Nik Modi maintains with a hold rating, and maintains the target price at $32.
Truist Financial analyst Bill Chappell maintains with a buy rating.
CCORF analyst Brian McNamara maintains with a hold rating, and adjusts the target price from $32 to $31.
Furthermore, according to the comprehensive report, the opinions of $Reynolds Consumer Products (REYN.US)$'s main analysts recently are as follows:
Legislative bans at the state level and shifts in consumer preferences have contributed to a decrease in foam tableware sales, which played a significant role in the company's recent gross shortfall. This trend is expected to continue to pose a challenge to sales in the near term.
Q3 outcomes for Reynolds Consumer Products aligned largely with market projections, and expectations for FY2024 have been elevated due to Q3 non-retail revenues surpassing forecasts.
Here are the latest investment ratings and price targets for $Reynolds Consumer Products (REYN.US)$ from 4 analysts:
Note:
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