Published On: Wed, Oct 19th, 2016

Trex reiterated as Neutral By Wedbush

In an analyst rating update on Wednesday shares of Trex (NYSE:TREX) had their rating reiterated by analysts at Wedbush.

The broker said it has now set a ‘Neutral’ rating on shares of Trex with a price target of 55. The price target according to the broker shows a possible decrease of -5.81% from the current stock price of 58.39.


Over the last twelve months Trex’s share price has increased from 40.93 to 58.39, changing by 42.66%.

The companies 50 day moving average is 59.2 and its 200 day moving average is 51.24. The 52 week high Trex’s shares have peaked at is 64.36 whilst the 52 week low for the company’s shares is 31.11.

Trex has 29,264,000 shares which are currently outstanding with a price of 58.39 calculating Trex’s market capitalisation to 1.71B USD .

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