Vetr Upgrades Rite Aid (NYSE:RAD) to Strong-Buy

Vetr Upgrades Rite Aid (NYSE:RAD) to Strong-Buy

Approximately 14.9% of the company's shares are short sold. Texas Instrs Inc Com now has $98.80 billion valuation. British American Tobacco p.l.c. (NYSEMKT:BTI) has risen 17.78% since February 11, 2017 and is uptrending. It has outperformed by 1.08% the S&P500. OxFORD Asset Management LLP bought a new stake in Rite Aid during the 2nd quarter worth approximately $14,659,000. Bank of America Corporation reiterated an "underperform" rating and set a $2.00 price target on shares of Rite Aid Corporation in a report on Friday, June 30th. Advisor Group Inc. now owns 36,518 shares of the company's stock worth $101,000 after acquiring an additional 12,140 shares in the last quarter. About 28.26M shares traded or 11.66% up from the average. Rite Aid Corporation (NYSE:RAD) has declined 55.18% since February 11, 2017 and is downtrending. It has underperformed by 71.88% the S&P500.

Investors sentiment is 0.85 in Q3 2017. Its up 0.02, from 1.1 in 2017Q2. Hbk Limited Partnership reported 1.24M shares. Institutional investors own 49.55% of the company's stock. Kbc Nv holds 98,593 shares. The Pennsylvania-based Cordasco has invested 0.21% in Exxon Mobil Corporation (NYSE:XOM). Icm Asset Mgmt Wa owns 20,000 shares or 0.05% of their USA portfolio. Cambridge Invest Research Advisors Inc reported 80,878 shares or 0% of all its holdings. Commonwealth Bank Of Aus stated it has 141 shares or 0% of all its holdings. Numeric Ltd reported 25,100 shares. It has ditched 1.5 million shares. Profund Advsr Ltd Llc holds 15,734 shares. Ftb holds 0.09% or 10,129 shares in its portfolio. Omers Administration Corporation, a Ontario - Canada-based fund reported 170,100 shares.

Since August 14, 2017, it had 0 insider purchases, and 29 selling transactions for $203.04 million activity. Shares for $1.92M were sold by Ilan Haviv on Wednesday, January 31. Css Limited Liability Il invested in 1.56 million shares or 0.15% of the stock. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock.

Several other brokerages have also recently weighed in on RAD. The rating was maintained by Mizuho with "Buy" on Thursday, September 17. The company was downgraded on Tuesday, August 2 by Beaufort Securities. As per Wednesday, January 24, the company rating was maintained by Bernstein. The stock has an average rating of "Hold" and a consensus target price of $2.75. Loop Capital maintained the shares of RAD in report on Friday, September 29 with "Hold" rating. Cowen & Co maintained Texas Instruments Incorporated (NASDAQ:TXN) rating on Thursday, October 27.

Rite Aid Corp (NYSE:RAD) shares traded 0.5% up during most recent session to reach at the closing price of $2.01.

Since October 3, 2017, it had 0 insider purchases, and 1 sale for $58,915 activity.

Profund Advsrs holds 0% of its portfolio in Rite Aid Corporation (NYSE:RAD) for 15,734 shares. Therefore 35% are positive.

Rite Aid Corp (NYSE:RAD) 52-week high price stands at $6.15 and low price stands at $1.38, its price distance from 52-week high is -67.32% while its distance from 52-week low price is 45.65%. The company was upgraded on Friday, August 14 by Vetr.

Rite Aid Corporation (NYSE:RAD) lost -3.85 Percent and closed its previous trading session at $2. The firm has "Neutral" rating given on Monday, July 4 by BNP Paribas. As per Monday, September 11, the company rating was initiated by Loop Capital Markets. Deutsche Bank downgraded the stock to "Hold" rating in Friday, April 8 report. The stock of Rite Aid Corporation (NYSE:RAD) earned "Buy" rating by Vetr on Wednesday, August 19. HSBC downgraded the shares of XOM in report on Tuesday, November 7 to "Reduce" rating.

Css Llc decreased Hologic Inc (Prn) stake by 500,000 shares to 2.50M valued at $3.02 million in 2017Q3. At&T Inc (Call) was raised too.

Investors sentiment increased to 0.97 in Q3 2017. Its up 0.09, from 1.21 in 2017Q2. It increased, as 57 investors sold RAD shares while 77 reduced holdings. 43 funds opened positions while 87 raised stakes. 513.41 million shares or 4.79% less from 539.25 million shares in 2017Q2 were reported. Advisor Group Inc. raised its position in Rite Aid Corporation by 49.8% during the second quarter. Peregrine Asset Advisers accumulated 6,135 shares or 0.58% of the stock.

Rite Aid Corporation is a retail drugstore chain.

Rite Aid (RAD) opened at $2.01 on Friday. 37,749 are held by Us Commercial Bank De. Rite Aid Corporation had a positive return on equity of 0.52% and a negative net margin of 0.21%. Qs Invsts Ltd Liability has invested 0% in Rite Aid Corporation (NYSE:RAD). Schwab Charles Inv Mngmt Inc has 3.90 million shares for 0.01% of their portfolio. Jump Trading Ltd has invested 0% in Rite Aid Corporation (NYSE:RAD). The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.04). Guardian Life Insur Communication Of America invested 0.12% in Exxon Mobil Corporation (NYSE:XOM).

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