The Rite Aid (RAD) Receives Daily Media Impact Score of 0.16

The Rite Aid (RAD) Receives Daily Media Impact Score of 0.16

Here are some of the media stories that may have impacted AlphaOne Sentiment Analysis’s rankings:

News coverage about Rite Aid (NYSE:RAD) has been trending somewhat positive on Monday, according to AlphaOne Sentiment. The research group, a division of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rite Aid earned a coverage optimism score of 0.16 on AlphaOne’s scale. AlphaOne also assigned media stories about the company an impact score of 81 out of 100, meaning that recent media coverage is very likely to have an impact on the stock’s share price in the next several days.

Rite Aid (NYSE:RAD) opened at 3.68 on Monday. Rite Aid has a 12-month low of $3.32 and a 12-month high of $8.77. The stock has a market cap of $3.88 billion, a P/E ratio of 920.00 and a beta of 1.89. The company has a 50 day moving average of $3.88 and a 200-day moving average of $5.87. Several equities research analysts have recently commented on the stock. Vetr cut shares of Rite Aid from a “strong-buy” rating to a “buy” rating and set a $6.58 target price for the company. in a research report on Monday, February 20th. Zacks Investment Research upgraded shares of Rite Aid from a “sell” rating to a “hold” rating in a research note on Monday, February 27th. Deutsche Bank AG reiterated a “hold” rating and issued a $6.50 price target (down from $9.00) on shares of Rite Aid in a research note on Monday, March 6th. Credit Suisse Group AG restated an “outperform” rating and set a $6.50 price objective on shares of Rite Aid in a research note on Monday, March 20th. Finally, Guggenheim lowered shares of Rite Aid from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 25th. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $6.58.

Rite Aid (NYSE:RAD) opened at 3.68 on Monday. Rite Aid has a 12-month low of $3.32 and a 12-month high of $8.77. The stock has a market cap of $3.88 billion, a P/E ratio of 920.00 and a beta of 1.89. The company has a 50 day moving average of $3.88 and a 200-day moving average of $5.87. Rite Aid Company Profile

Rite Aid Corporation is a retail drugstore chain. The Company’s segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia. The Company’s Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “RAD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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