Price Target Analysis Rite Aid Corporation (RAD)

Henderson Public has invested 0.01% in Rite Aid Corporation (NYSE:RAD). The stock traded at a volume of 9.02 million shares. This change led market cap to move at $4.30B, putting the price -54.28% below the 52-week high and 8.38% above the 52-week low. Developed by J. Welles Wilder, ATR is an indicator that measures volatility. An RSI reading above 80 indicates that a stock is overbought while anything below 20 is oversold.

Relative strength index (RSI-14) for Rite Aid Corporation (RAD) is at 39.63. BlackRock Fund Advisors now owns 10,117,791 shares of the company's stock worth $77,806,000 after buying an additional 397,751 shares during the last quarter. It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. The stock notched a 12-month high of $6.60 while $6.75 target is by far the most aggressive out of analysts who are now evaluating the company, $0.15 higher than the next highest 52-week price estimate. Berenberg's price target suggests a potential upside of 11.67% from the company's previous close. Different analysts and financial institutions use various valuation methods and consider different economic forces when deciding on a price target. Mizuho reiterated a "positive" rating and issued a $6.75 target price (down from $9.00) on shares of Rite Aid in a report on Monday, January 30th. Allianz Asset Ag accumulated 0.01% or 1.05M shares. 12,308,436 shares of the company's stock were exchanged. Institutional investors own 59.92% of the company's stock.

The stock is now showing YTD performance of -52.06 Percent.

The company's expected revenue in the current quarter to be 8.22 Billion, seeing a projected current quarter growth of -200%, and per annum growth estimates over the next 5 year period of around -31.07%. The consensus recommendation for stock is 2.60. Furthermore on 11/13/15 JP Morgan "Downgrades" the stock to Neutral at $.

Shares of the company have shown an EPS growth of -9.13% in the last 5 years. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

Interserve plc 1.6% Potential Decrease Indicated by Liberum Capital
Peel Hunt maintained the stock with "Buy" rating in Monday, May 16 report. (LON:STVG) on Wednesday, February 24 with "Buy" rating. The stock of AstraZeneca plc (LON:AZN) has "Hold" rating given on Monday, April 11 by Beaufort Securities.

Patience is still the right approach when deciding what to do with Rite Aid Corporation (NYSE:RAD) and RAD stock. For the last month, company shares are -1.91%. Zooming out to the 200-day moving average, shares have been seen trading -3.26% away from that value. There are advantages to using a moving average in your trading, as well options on what type of moving average to use. In contrast, the average volume was 2.43 million shares. So when the price drops below that moving average it signals a potential reversal based on that MA. Look at the direction of the moving average to get a basic idea of which way the price is moving. At recent session, the prices were hovering between $3.88 and $4.13.

Among 6 analysts covering Telit Communications PLC (LON:TCM), 6 have Buy rating, 0 Sell and 0 Hold. The Company has 52-week high of $8.77 and 52-week low of $3.70. They now have a United States dollars 9.5 price target on the stock. The firm has "Neutral" rating by Goldman Sachs given on Thursday, October 29. The Volatility was noted at 1.33% in recent month and it observed Weekly Volatility of 1.24%.

Sell-side analysts also have something to say about this company. Independent Research maintained the stock with "Hold" rating in Tuesday, March 22 report. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. For now, Rite Aid Corporation is the toast of Wall Street as its ABR stands at 2.60 with 0 out of 6 analysts rating the stock a buy.

A trend analysis is a method of analysis that allows traders to predict what will happen with a stock in the future.

Let's take a gaze at how the stock has been performing recently. Omni Partners Llp acquired 178,688 shares as Rite Aid Corp (RAD)'s stock rose 7.29%. In a transaction dated April. 15, 2015, the shares were put up for sale at an average price of $8.25, raking in a sum of $1,237,500.

Related News:

  • White House insists Trump's disclosures 'wholly appropriate'

    Putin even suggested that Russian Federation share the records of last week's talks between Trump and Lavrov with the U.S. Rozell, Dean of the Schar School of Policy and Government at George Mason University. "They said they did not".
    EU's Tusk Says Unity Crucial For Positive Outcome Of Brexit Talks

    EU's Tusk Says Unity Crucial For Positive Outcome Of Brexit Talks

    The figures will depend on the methodology we adopt and the actual date of the UK's exit. The MEP said the European Union needs to make "grown-up, reasonable" demands.
    Romero stars for Man United in 0-0 draw at Southampton

    Romero stars for Man United in 0-0 draw at Southampton

    I hope Big Sam shows he's a good friend and tells Zaha to go slow, leaves Benteke at home. Jose Mourinho has declared that he wants to keep David de Gea at the club this summer.
  • Predators draw first blood in Western Conference Final

    Rinne has been spectacular in these playoffs in leading all goaltenders with a 1.37 goals-against average and.951 save percentage. Emotional victories in Game 5 and Game 7 over the Oilers have been followed by poor first periods in the subsequent contest.
    Japan monarchy: Princess Mako to lose royal status by marrying commoner

    Japan monarchy: Princess Mako to lose royal status by marrying commoner

    The news is sure to spark fresh debate in Japan about the rules of succession as at present, only men can inherit the throne. The law does not apply to male royals, with Akihito and both his sons marrying commoners, who are now part of the monarchy.
    General Motors Will Stop Selling Cars in India (GM)

    General Motors Will Stop Selling Cars in India (GM)

    GM expects to book a charge of about $500 million during the current quarter to cover the moves in India and South Africa . The move is part of the U.S. automaker's restructuring of its global business to focus on the markets with higher returns.
  • Brazil leader denies report he endorsed bribing ex-lawmaker

    Cuhna was sentenced to 15 years in prison in March after being found guilty of accepting more than $1.5 million in bribes. Brazilian stocks were set to crash on an emerging scandal involving the country's recently installed president.
    April Jobs Report: 211000 Jobs Added, Unemployment At 4.4 Percent

    April Jobs Report: 211000 Jobs Added, Unemployment At 4.4 Percent

    Employment in professional and business services, another office space driver, continued to trend up in April (gaining 39,000). The low level of claims is a key reason that economists think the slower pace of growth in the first quarter is a head-fake.
    Equity markets jittery over global cues, GST Council meet

    Equity markets jittery over global cues, GST Council meet

    IT stocks bucked the weak trend, with Infosys, TCS and Wipro rising 1-3 percent amid rupee weakness. Markets are slightly overheated after the recent rally and finally got the reason to lighten up.
  • Top US senator John McCain calls for removal of Turkey's US ambassador

    The State Department said they were communicating their concern to the Turkish government in the "strongest possible terms". Get great content delivered straight to your inbox every morning Monday-Friday at 8:00am, just a click away, Sign Up Now.
    BMO Capital Markets Reiterates Market Perform Rating for QUALCOMM, Inc. (QCOM)

    BMO Capital Markets Reiterates Market Perform Rating for QUALCOMM, Inc. (QCOM)

    The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses.
    Dennis Quaid to portray George W Bush on new season of 'ACS'

    Dennis Quaid to portray George W Bush on new season of 'ACS'

    He even has experience playing former US presidents, as he portrayed Bill Clinton in the film A Special Relationship . Fans can expect to see Katrina: American Crime Story sometime in 2018.


Most liked

Gas Tax Bill Heats Up in Baton Rouge Today
Pylant says he had only co-sponsored the bill by his New Iberia colleague so he could get his frustrations heard. Video of the protest captured demonstrators shouting "Russia is our friend", and "You will not replace us".

Jose Mourinho: Sergio Romero will start Europa League final
Especially because he played two Europa League matches, so if we win, he wins the trophy. When people say we gambled - we didn't gamble .

2 dead after tornadoes hit Oklahoma, Wisconsin
Newsline 9 will have a reporter in Barron County starting at Newsline 9 at 5 reviewing the damage from last night's storms. Fitzgerald had no information about the condition of the wounded, but said some elderly people were removed on stretchers.

Overwatch: Anniversary event, GOTY edition and free weekend all confirmed
The upcoming Overwatch Anniversary event that's scheduled to take place between May 23 and June 12 is starting to take form. Vintage Blackwatch Reyes, Strike-Commander Morrison, Overgrown Bastion, Security Chief Phara, and Slipstream Tracer skins.

Destiny 2 gameplay reveal live report Live
Count on new art books, gaming peripherals from Razer and Destiny 2 toys from Mcfarlane Toys, ThreeA and Funko. Destiny 2 will officially hit shelves on September 8 later this year for PlayStation 4, Xbox One, and PC.

Head in the clouds: Dutch king was guest pilot for 21 years
And even when he makes announcements to passengers, Willem-Alexander says that as a co-pilot he doesn't have to give his name. Passengers, however, will continue to have no idea that there is a member of the royal family in the cockpit.

Man Charged With Punching Of Female Security Guard, Defended As 'Good Guy'
When De Leon clocked her, she said she was talking to his sister in-law's boyfriend, and the blow "came out of nowhere". As a precaution, the people who live in the building installed two HD security cameras and they captured everything.

Coming Soon to Amazon Alexa: Notifications Function
Again there are price differences depending upon the amount of built-in storage and whether you want special offers or not. At $49.99, Amazon's Fire tablet is super cheap, which brings with it some drawbacks, like a relatively grainy display.

Alibaba, Pakistan ink MOU on digital Silk Road
Nawaz Sharif said there are bright prospects for investment in e-commerce in Pakistan. The two countries are already working on CPEC (the China-Pakistan Economic Corridor).

House Democrats circulate petition to force vote to create an independent commission
James Comer, who described the president as very popular in Comer's home congressional district in Kentucky. They have little hope of retaking the Senate in 2018 and winning the House will be a major challenge.

5 reasons to ditch iOS Photos for Google Photos
Photo Books are available on the desktop version of Photos today, and coming to Android and iOS sometime in the next two weeks. At present, this service is limited to the United States , but Google says it will launch this in more countries soon.

Karim Benzema slams Mathieu Valbuena over sex-tape scandal
On top of that, when I hear it said now that he is prepared to play with me again, that he is not annoyed at me... He told L'Equipe: "I know him".

Microsoft Blames Spy Agencies for Ransomware Disaster
But not everyone is prompt or has the access to update their systems, leading to untold vulnerable computers around the world. Security company Symantec says that ransomware attacks jumped by more than one-third to over 483,800 incidents in 2016.

Meet Taylor Swift's New Boyfriend British Actor Joe Alwyn
However, a "friend" told the paper that Taylor and Joe have been open about their relationship to their family and to their pals. The pair have been dating for months, with Taylor renting a house in London to be closer to her new beau.

Hit-run crash involving bus sends 14 students to hospital
Police said the unknown driver hit the back of the escort vehicle in East Lampeter Township, about 65 miles west of Philadelphia. LMS director of marketing and communications Gary Hiller told MWR he did not know what the extent of the injuries were.