Rexam PLC Downgraded to Hold at Jefferies Group (REXMY)
Rexam PLC (NASDAQ:REXMY) was downgraded by equities researchers at Jefferies Group from a “buy” rating to a “hold” rating in a research report issued on Friday, TheFlyOnTheWall.com reports.
Rexam PLC (NASDAQ:REXMY) opened at 44.10 on Friday. Rexam PLC has a one year low of $41.4527 and a one year high of $50.7095. The stock has a 50-day moving average of $45.49 and a 200-day moving average of $46.75. The company has a market cap of $6.163 billion and a price-to-earnings ratio of 39.35.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank downgraded shares of Rexam PLC from a “buy” rating to a “hold” rating in a research note on Thursday, July 17th. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Rexam PLC in a research note on Friday, June 13th.
Rexam PLC is a global consumer packaging company. It is organized in three segments for Beverage Cans based on the geographical locations of Europe and Asia, North America and South America, and into one operating segment for Plastic Packaging.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.