Reynolds Consumer Products upgraded by Goldman with a new price target
$REYN
Containers/Packaging
Consumer Discretionary
Goldman upgraded Reynolds Consumer Products from Sell to Neutral and set a new price target of $30.00 from $28.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/29/2024 | $38.00 | Buy | Jefferies |
| 11/22/2023 | $29.00 → $28.00 | Overweight → Neutral | JP Morgan |
| 10/3/2023 | $28.00 → $30.00 | Sell → Neutral | Goldman |
| 3/30/2023 | $28.00 | Hold | Canaccord Genuity |
| 1/17/2023 | $33.00 → $32.00 | Outperform → Neutral | Credit Suisse |
| 1/3/2023 | $30.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 4/13/2022 | $33.00 → $31.00 | Buy → Hold | Stifel |
| 3/29/2022 | $34.00 → $26.00 | Buy → Sell | Goldman |
Jefferies initiated coverage of Reynolds Consumer Products with a rating of Buy and set a new price target of $38.00
JP Morgan downgraded Reynolds Consumer Products from Overweight to Neutral and set a new price target of $28.00 from $29.00 previously
Goldman upgraded Reynolds Consumer Products from Sell to Neutral and set a new price target of $30.00 from $28.00 previously
Third Quarter Net Revenues, Retail Volume In Line with Expectations Third Quarter Net Income and Adjusted EBITDA Increased 10% and 4%, Respectively, In Line with Expectations Strong Free Cash Flow Delivery Continued; $50M Debt Prepayment Made After Quarter End Full Year Net Revenue, Net Income and Adjusted EBITDA Guide Updated Planned CEO and CFO Transition Announced Reynolds Consumer Products Inc. (the "Company" or "RCP") (NASDAQ:REYN) today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net Revenues of $910 million vs. $935 million in Q3 2023 Retail Net Revenues decreased 3% to $856 million, in line with Company expectati
Reynolds Consumer Products Inc. (NASDAQ:REYN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend is payable November 29, 2024, to shareholders of record on November 15, 2024. About Reynolds Consumer Products Inc. Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of households across the United States, Reynolds Consumer Products manufactures and sells products that people use in their homes for cooking, serving, cleanup and storage. Iconic brands include Reynolds Wrap® aluminum foil and Hefty® tableware and tr
Reynolds Wrap® Fun Foil with Holiday Pattern features an original winter wonderland design, giving home cooks a new kind of (wrap)ping paper for creative gifting, hosting and more LAKE FOREST, Ill., Oct. 22, 2024 /PRNewswire/ -- With the holidays fast approaching, it's time to start searching for unique gifts—plus the right wrapping paper. Today, the Reynolds Wrap® team introduces Fun Foil with Holiday Pattern, an embossed aluminum foil designed for festive occasions, from wrapping homemade food gifts to covering holiday potluck dishes and sharing leftovers. This limited-edition foil innovation, available now while supplies last at Amazon.com and Walmart.com, was inspired by the rise of home
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Reynolds Consumer Prods (NASDAQ:REYN) in the last three months. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 2 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $29.0, a high estimate of $30.00, and a low estimate of $28.00. Holding firm without variation, the
JP Morgan analyst Andrea Teixeira maintains Reynolds Consumer Prods (NASDAQ:REYN) with a Neutral and lowers the price target from $30 to $29.
Barclays analyst Lauren Lieberman maintains Reynolds Consumer Prods (NASDAQ:REYN) with a Equal-Weight and lowers the price target from $29 to $28.
144 - Reynolds Consumer Products Inc. (0001786431) (Subject)
10-Q - Reynolds Consumer Products Inc. (0001786431) (Filer)
8-K - Reynolds Consumer Products Inc. (0001786431) (Filer)
Reynolds Consumer Products Inc. (NASDAQ:REYN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend is payable November 29, 2024, to shareholders of record on November 15, 2024. About Reynolds Consumer Products Inc. Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of households across the United States, Reynolds Consumer Products manufactures and sells products that people use in their homes for cooking, serving, cleanup and storage. Iconic brands include Reynolds Wrap® aluminum foil and Hefty® tableware and tr
Reynolds Consumer Products Inc. (NASDAQ:REYN) (the "Company") announced it will report third quarter 2024 financial results on Wednesday, October 30, 2024. The Company's President and Chief Executive Officer, Lance Mitchell, and Chief Financial Officer, Scott Huckins, will host a live webcast to discuss the results at 7:00 a.m. CT (8:00 a.m. ET) that same day. A link to the webcast and all related earnings materials will be available at https://investors.reynoldsconsumerproducts.com/. About Reynolds Consumer Products Inc. Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of hous
Reynolds Consumer Products Inc. (NASDAQ:REYN) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share. The dividend is payable August 30, 2024, to shareholders of record on August 16, 2024. About Reynolds Consumer Products Inc. Reynolds Consumer Products is a leading provider of household products that simplify daily life so consumers can enjoy what matters most. With a presence in 95% of households across the United States, Reynolds Consumer Products manufactures and sells products that people use in their homes for cooking, serving, cleanup and storage. Iconic brands include Reynolds Wrap® aluminum foil and Hefty® trash bags and dis
4 - Reynolds Consumer Products Inc. (0001786431) (Issuer)
4 - Reynolds Consumer Products Inc. (0001786431) (Issuer)
4 - Reynolds Consumer Products Inc. (0001786431) (Issuer)
4 - Reynolds Consumer Products Inc. (0001786431) (Issuer)
4 - Reynolds Consumer Products Inc. (0001786431) (Issuer)
Third Quarter Net Revenues, Retail Volume In Line with Expectations Third Quarter Net Income and Adjusted EBITDA Increased 10% and 4%, Respectively, In Line with Expectations Strong Free Cash Flow Delivery Continued; $50M Debt Prepayment Made After Quarter End Full Year Net Revenue, Net Income and Adjusted EBITDA Guide Updated Planned CEO and CFO Transition Announced Reynolds Consumer Products Inc. (the "Company" or "RCP") (NASDAQ:REYN) today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net Revenues of $910 million vs. $935 million in Q3 2023 Retail Net Revenues decreased 3% to $856 million, in line with Company expectati
Reynolds Consumer Products Inc., (NASDAQ:REYN) today announced the appointment of Scott E. Huckins as the company's Chief Financial Officer (CFO), effective November 13, 2023. He is the successor to Michael Graham, who will then shift to an advisory role until his retirement in February 2024. To ensure a successful transition, Mr. Huckins will join the company in an advisory role on October 23, then assume the role of CFO on November 13. "We are excited for Scott to join us as CFO as we continue to provide products that simplify daily life for consumers. He brings extensive experience in leading Finance at consumer staples and publicly traded companies - most recently as CFO at SunOpta, w
Appointments of Rachel Bishop, Jeffrey Boyer and Chip Molloy Enhance Board's Expertise in Retail Operations, Strategy and Finance Sally Beauty Holdings, Inc. (NYSE:SBH) today announced the appointment of Rachel R. Bishop, Ph.D., President, Hefty Tableware at Reynolds Consumer Products; Jeffrey Boyer, Chief Operating Officer of Fossil Group; and Lawrence "Chip" Molloy, Chief Financial Officer of Sprouts Farmers Market, to its Board of Directors, effective immediately. With these appointments, Sally Beauty Holdings' Board is now 46% women and 8% racially/ethnically diverse, and 69% have joined within the last five years. "On behalf of my fellow directors, we are very pleased to welcome Rach
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SC 13G/A - Reynolds Consumer Products Inc. (0001786431) (Subject)
SC 13G - Reynolds Consumer Products Inc. (0001786431) (Subject)