Latest
Recommended
Published: Fri, March 10, 2017
Economy | By Melissa Porter

Rite Aid Corporation's (RAD) stock price is now Worth at $5.23

Rite Aid Corporation's (RAD) stock price is now Worth at $5.23

This rating was issued on 4/08/16. Analysts mean target price for GoPro, Inc.

RAD has been the subject of a number of other reports.

Deutsche Bank Downgrades Rite Aid Corporation (NYSE:RAD)'s stock to Hold with no specific Price Target. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Rite Aid has an average rating of Buy and an average target price of $7.21. During its last trading session, Stock traded with the total exchanged volume of 29.92 million shares.

Frontier Communications Corporation (NASDAQ:FTR) traded down -4.96% in the last Trading session and closed at $2.49. The company has a market cap of $4,894 million and there are 1,052,367,230 shares in outstanding. The share price of $5.23 is at a distance of 0.58 percent from its 52-week low and down -40.36 percent versus its peak.

Rite Aid Corporation has a 50 day moving average of 6.15 and a 200 day moving average of 7.32.

Rite Aid Corporation (NYSE:RAD) reported its last earnings on 12/22/2016. During the same period in the prior year, the firm earned $0.06 earnings per share.

Rite Aid Corporation is a retail drugstore chain in the United States serving customers in numerous states across the country and in the District of Columbia.

Macy's, Inc. (M) recently recorded -3.4 percent change and now at $30.69 is 7.5 percent away from its 52-week low and down -31.78 percent versus its peak. From Sunday, March 26 through Sunday, April 9, 2017, Carnival, the theme of this year's exhibition will transport more than a million spectators into a world of imagination, filled with brilliantly-hued flora expertly landscaped into breathtaking gardens that bring the magic of a traveling roadshow to life. The business's revenue was down.8% on a year-over-year basis.

EPS growth in past 5 year was 17.60% along with sales growth of 4.00% in the last five years. (NYSE:RAD) from a buy rating to a strong-buy rating in a report published on Thursday morning. If you are accessing this story on another publication, it was copied illegally and republished in violation of United States and worldwide trademark & copyright law. The original version of this report can be accessed at https://baseballnewssource.com/markets/rite-aid-co-rad-cut-to-sell-at-zacks-investment-research/491228.html.

Institutional investors have recently bought and sold shares of the company. Westchester Capital Management LLC purchased a new position in Rite Aid during the second quarter worth $23,459,000. Ladenburg Thalmann Financial Services Inc. now owns 150,649 shares of the company's stock valued at $1,241,000 after buying an additional 25,346 shares during the period. GSB Wealth Management LLC acquired a new position in Rite Aid during the fourth quarter valued at approximately $591,000. At the time of writing, the First Call consensus price target for the company is $6.89. Finally, Two Sigma Advisers LP raised its position in Rite Aid by 277.4% in the third quarter. The forecast of 19 surveyed investment analysts covering the stock advises investors to Buy stake in the company. All of a sudden, Rite Aid stock was no longer attractive.

Like this: