Rare Earths Americas (NYSEAMERICAN:REA) Upgraded by Zacks Research to Hold Rating

Rare Earths Americas (NYSEAMERICAN:REA) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other equities research analysts have also weighed in on REA. B. Riley Financial assumed coverage on shares of Rare Earths Americas in a research note on Monday, June 1st. They set a “buy” rating and a $28.00 target price on the stock. Canaccord Genuity Group assumed coverage on shares of Rare Earths Americas in a research note on Monday, June 1st. They set a “buy” rating and a $25.00 target price on the stock. Stifel Nicolaus assumed coverage on shares of Rare Earths Americas in a research note on Monday, June 1st. They set a “buy” rating and a $30.00 target price on the stock. Finally, Cantor Fitzgerald assumed coverage on shares of Rare Earths Americas in a research note on Monday, June 1st. They set a “speculative buy” rating and a $34.00 target price on the stock. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Rare Earths Americas currently has an average rating of “Moderate Buy” and an average price target of $29.25.

Rare Earths Americas Price Performance

Shares of REA opened at $17.00 on Tuesday. Rare Earths Americas has a 1-year low of $17.00 and a 1-year high of $30.02.