Rite Aid Corporation (RAD) Social Stream



Rite Aid Corporation (RAD): $0.61

0.04 (-5.58%)

POWR Rating

Component Grades

Momentum

D

Stability

D

Sentiment

Quality

D

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Industry: Medical - Drug Stores

Industry

D

Ranked

#5 of 5

in industry

RITE AID CORP (RAD) Price Targets From Analysts

Use the tables below to see what analysts covering RITE AID CORP think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-10-20 2 $15 $12 $13.5 $0.541 2395.38%
2021-12-22 2 $15 $14 $14.5 $0.541 2580.22%
2022-04-01 2 $16 $14 $15 $0.541 2672.64%
2022-04-08 2 $14 $1 $7.5 $0.541 1286.32%
2022-04-11 2 $7 $1 $4 $0.541 639.37%
2022-04-19 2 $8 $2 $5 $0.541 824.21%
2022-06-20 2 $8 $4 $6 $0.541 1009.06%
2022-09-30 3 $8 $4 $5.5 $0.541 916.64%
2022-10-04 3 $5 $3 $4.166 $0.541 670.06%
2023-01-06 3 $4.5 $3 $3.75 $0.541 593.16%
2023-09-29 3 $4.5 $1 $2.75 $0.541 408.32%
2023-10-06 2 $1 $1 $1 $0.541 84.84%

The Trend in the Analyst Price Target


Over the past 46 days, RAD's average price target has gone down $1.75.

Over the past 39 weeks, RAD's average upside potential has been 181.19%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-08-07 3 4.5 1 2.75 2.720 1.1%
2023-08-09 3 4.5 1 2.75 2.540 8.27%
2023-09-01 3 4.5 1 2.75 0.757 263.28%
2023-09-11 3 4.5 1 2.75 0.609 351.56%
2023-09-25 3 4.5 1 2.75 0.390 605.13%

RAD Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
5 0 0 0 2 2 2

The Trend in the Broker Recommendations


RAD's average broker recommendation rating worsened by 0.8 over the prior 43 months.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for RAD as an investment opportunity.

  • In terms of how RITE AID CORP fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is greater than 7.36% of that group.
  • In the context of stocks in the large market cap category, RITE AID CORP's upside potential (average analyst target price relative to current price) is greater than 1173.59% of them.
  • RITE AID CORP's average analyst price target is higher than 30.23% of stocks in the large market cap category.
  • In terms of how RITE AID CORP fares relative to Consumer Defensive stocks, note that its variance in analysts' estimates is lower than -631.37% of that group.

In the Retail industry, CVS, CVNA, and KMX are the three stocks most similar to RITE AID CORP regarding the price target and analyst recommendation information presented here.

Is RAD a Buy, Hold or Sell? See the POWR Ratings now!


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