Analyst Downgrades – Rite Aid Corporation (NYSE:RAD) Stock Gets Downgraded By Mizuho from Buy to Neutral

ME Staff
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Analyst Ratings For Rite Aid Corporation (NYSE:RAD)

Today, Rite Aid Corporation (NYSE:RAD) stock was downgraded by Mizuho from Buy to Neutral with a price target of $2.95.

There are 2 sell ratings, 3 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Rite Aid Corporation (NYSE:RAD) is Hold (Score: 2.00) with a consensus target price of $4.19 per share, a potential 59.38% upside.

Some recent analyst ratings include

  • 7/20/2017-Mizuho was Downgraded by analysts at Mizuho from a “Buy ” rating to a ” Neutral” rating. They now have a $2.95 price target on the stock.
  • 7/3/2017-Guggenheim Reiterated Rating of Neutral.
  • 7/3/2017-Cowen and Company Reiterated Rating of Outperform.
  • 6/30/2017-Bank of America Corporation Reiterated Rating of Underperform.
  • 6/30/2017-Evercore ISI initiated coverage with a Sell rating.
  • 3/20/2017-Credit Suisse Group Reiterated Rating of Outperform.
  • 3/6/2017-Deutsche Bank AG Reiterated Rating of Hold.

Recent Insider Trading Activity For Rite Aid Corporation (NYSE:RAD)
Rite Aid Corporation (NYSE:RAD) has insider ownership of 2.29% and institutional ownership of 56.85%.

  • On 6/15/2016 Douglas E Donley, SVP, sold 34,106 with an average share price of $7.77 per share and the total transaction amounting to $265,003.62. View SEC Filing
  • On 7/9/2015 Tony Montini, EVP, sold 353,194 with an average share price of $8.38 per share and the total transaction amounting to $2,959,765.72. View SEC Filing
  • On 4/15/2015 Joseph B Anderson Jr, Director, sold 150,000 with an average share price of $8.25 per share and the total transaction amounting to $1,237,500.00. View SEC Filing
  • On 4/13/2015 Robert K Thompson, EVP, sold 95,850 with an average share price of $8.33 per share and the total transaction amounting to $798,430.50. View SEC Filing
  • On 4/10/2015 Douglas E Donley, CAO, sold 59,404 with an average share price of $8.21 per share and the total transaction amounting to $487,706.84. View SEC Filing
  • On 4/10/2015 Marcy Syms, Director, sold 150,000 with an average share price of $8.26 per share and the total transaction amounting to $1,239,000.00. View SEC Filing
  • On 12/29/2014 Tony Montini, EVP, sold 49,525 with an average share price of $7.47 per share and the total transaction amounting to $369,951.75. View SEC Filing

Recent Trading Activity for Rite Aid Corporation (NYSE:RAD)
Shares of Rite Aid Corporation closed the previous trading session at 2.63 up +0.05 1.94% with 67,491,662 shares trading hands.