Rayonier (RYN) Receives a Buy from Raymond James
Raymond James analyst Buck Horne reiterated a Buy rating on Rayonier yesterday. The company’s shares closed yesterday at $24.91.
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Horne covers the Real Estate sector, focusing on stocks such as Rayonier, Essex Property, and American Homes. According to TipRanks, Horne has an average return of 6.3% and a 54.42% success rate on recommended stocks.
Currently, the analyst consensus on Rayonier is a Moderate Buy with an average price target of $27.50, implying a 10.40% upside from current levels. In a report released on October 11, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $28.00 price target.
RYN market cap is currently $3.82B and has a P/E ratio of 10.59.
Read More on RYN:
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