Analysts Set $71.00 Price Target for Pyxus International Inc (NYSE:PYX)

Pyxus International Inc (NYSE:PYX) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokers have set a twelve-month consensus price target of $71.00 for the company, according to Zacks. Zacks has also given Pyxus International an industry rank of 215 out of 256 based on the ratings given to its competitors.

PYX has been the subject of a number of research reports. Imperial Capital initiated coverage on shares of Pyxus International in a research note on Tuesday, June 25th. They issued an “outperform” rating and a $71.00 price target for the company. TheStreet raised shares of Pyxus International from a “d” rating to a “c-” rating in a research note on Friday, March 29th.

Shares of NYSE:PYX traded down $0.82 during midday trading on Wednesday, hitting $14.34. 307,900 shares of the stock traded hands, compared to its average volume of 1,039,078. Pyxus International has a one year low of $11.30 and a one year high of $52.43. The stock’s 50 day simple moving average is $17.20. The company has a current ratio of 1.91, a quick ratio of 0.88 and a debt-to-equity ratio of 4.68.

A number of hedge funds have recently added to or reduced their stakes in the stock. Live Your Vision LLC bought a new position in shares of Pyxus International during the 1st quarter worth approximately $37,000. Bank of New York Mellon Corp grew its position in Pyxus International by 11.3% during the 4th quarter. Bank of New York Mellon Corp now owns 36,689 shares of the company’s stock worth $435,000 after purchasing an additional 3,720 shares during the last quarter. Geode Capital Management LLC grew its position in Pyxus International by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 86,152 shares of the company’s stock worth $1,021,000 after purchasing an additional 3,921 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in Pyxus International by 46.1% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,277 shares of the company’s stock worth $54,000 after purchasing an additional 719 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in Pyxus International during the 1st quarter worth approximately $1,596,000. 57.28% of the stock is owned by institutional investors.

Pyxus International Company Profile

Pyxus International, Inc, an agricultural company, engages in the provision of various agricultural products, ingredients, and services to businesses and customers. It offers products in the leaf tobacco, e-liquids, industrial hemp, and cannabis industries. The company was formerly known as Alliance One International, Inc and changed its name to Pyxus International, Inc in September 2018.

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