Rite Aid Corporation (RAD) Given Daily Coverage Optimism Score of 0.17

For the quarter, shares have been noted at 28.52%. Blackrock Inv Management has 794,776 shares for 0.03% of their portfolio.

Many analysts are providing their Estimated Earnings analysis for Rite Aid Corporation and for the current quarter 5 analysts have projected that the stock could give an Average Earnings estimate of $-0.01/share. Rite Aid Corporation has a one year low of $2.90 and a one year high of $8.77. Adage Capital Prtnrs Gru Ltd has invested 0.19% in Rite Aid Corporation (NYSE:RAD). 598.79 million shares or 0.81% more from 593.98 million shares in 2016Q3 were reported. Rite Aid Corporation now has an average rating of “Buy” and a consensus target price of $6.21. (NASDAQ:SNI). Natixis Asset Mgmt accumulated 5,073 shares or 0.03% of the stock. Vanguard owns 81.01M shares or 0.04% of their U.S. portfolio. (NASDAQ:SNI). Arizona State Retirement Systems owns 23,506 shares for 0.02% of their portfolio. Vetr upgraded Rite Aid Corporation (NYSE:RAD) on Wednesday, August 19 to “Buy” rating. Huntington Commercial Bank owns 126 shares for 0% of their portfolio.

Alpine Associates Management Inc, which manages about $3.91B and $3.82B US Long portfolio, upped its stake in Dow Chem Co (NYSE:DOW) by 191,200 shares to 228,400 shares, valued at $13.07 million in 2016Q4, according to the filing. The company reported revenue of $9.01 Billion in the same period a year ago. The 1-year low was reported on Jun, 16 by Barchart.com. Price changes in a company’s debt in credit markets sometimes predict parallel changes in its stock price. The Company has 52-week high of $8.77 and 52-week low of $2.91. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock rose 1.53% or $0.04 reaching $2.99 per share. Capstone Asset Mgmt has invested 0.01% in Rite Aid Corporation (NYSE:RAD). It has underperformed by 71.88% the S&P500. Deutsche Bank AG reissued a “hold” rating and issued a $6.50 target price (down previously from $9.00) on shares of Rite Aid Corporation in a research report on Monday, March 6th. Therefore 16% are positive. For the next 5 years, Rite Aid Corporation is expecting Growth of -31.07% per annum, whereas in the past 5 years the growth was -30.12% per annum. Vetr upgraded the shares of RAD in report on Wednesday, August 19 to “Buy” rating. The analysts, on average, are forecasting a $6.11 price target, but the stock is already up 3.09% from its recent lows.

Rite Aid Corporation (RAD) opened at 3.00 on Friday. Vetr has “Buy” rating and $10.14 target. Guggenheim lowered Rite Aid Corporation from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 25th. Mizuho maintained the shares of RAD in report on Thursday, September 17 with “Buy” rating. The firm has “Neutral” rating by Credit Suisse given on Thursday, October 29.

Some buy side analysts are also providing their Analysis on Rite Aid Corporation, where 0 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 2 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.

More notable recent Rite Aid Corporation (NYSE:RAD) news were published by: Benzinga.com which released: “Walgreens—Rite Aid Deal In Its Final Act” on June 15, 2017, also Investorplace.com with their article: “Rite Aid Corporation (RAD) Stock Could Pop — Without a Merger” published on June 15, 2017, Pennlive.com published: “Rite Aid stock takes a hit after reports say FTC will block merger with Walgreens” on June 10, 2017. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Rite Aid Corporation (RAD), we will discuss a few. Barclays Public Llc invested 0.01% of its portfolio in Rite Aid Corporation (NYSE:RAD). From the opening price, the stock has seen a change of 1.79% recently clocking in with a price of $3.70. The Company’s divisions include Residential Segment, Commercial Segment and Power Plant Segment.

The price/earnings ratio (P/E) is 983.33 and the forward P/E ratio stands at 29.21.

Tony Chedraoui increased its stake in Rite Aid Corp (Put) (RAD) by 13.12% based on its latest 2016Q4 regulatory filing with the SEC.

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