Rare Earths Americas (NYSEAMERICAN:REA) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Rare Earths Americas (NYSEAMERICAN:REA) to a hold rating in a report published on Tuesday morning,Zacks.com reports.

REA has been the subject of several other research reports. Canaccord Genuity Group began coverage on Rare Earths Americas in a report on Monday, June 1st. They issued a “buy” rating and a $25.00 price objective for the company. Cantor Fitzgerald began coverage on Rare Earths Americas in a report on Monday, June 1st. They issued a “speculative buy” rating and a $34.00 price objective for the company. Stifel Nicolaus began coverage on Rare Earths Americas in a report on Monday, June 1st. They issued a “buy” rating and a $30.00 price objective for the company. Finally, B. Riley Financial began coverage on Rare Earths Americas in a report on Monday, June 1st. They issued a “buy” rating and a $28.00 price objective for the company. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.25.

Rare Earths Americas Stock Performance

Shares of REA opened at $17.00 on Tuesday. Rare Earths Americas has a twelve month low of $17.00 and a twelve month high of $30.02.