Reliance Worldwide Corp. (RLLWF) Gets a Buy from Citi
In a report released today, Samuel Seow from Citi maintained a Buy rating on Reliance Worldwide Corp. (RLLWF – Research Report), with a price target of A$5.25. The company's shares closed last Monday at $2.65.
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According to TipRanks, Seow is an analyst with an average return of -2.3% and a 46.85% success rate. Seow covers the Industrials sector, focusing on stocks such as Brambles , Reliance Worldwide Corp., and Aurizon Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Reliance Worldwide Corp. with a $3.43 average price target, representing a 29.43% upside. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a A$5.20 price target.
The company has a one-year high of $4.14 and a one-year low of $2.21. Currently, Reliance Worldwide Corp. has an average volume of 1,362.
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