Rakuten Inc (RKUNY) Receives Average Recommendation of “Hold” from Analysts

Rakuten Inc (NASDAQ:RKUNY) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Zacks has also given Rakuten Inc an industry rank of 53 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research raised shares of Rakuten Inc from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research report on Saturday.

Rakuten Inc (NASDAQ:RKUNY) traded up 0.49% during trading on Tuesday, reaching $12.39. 4,628 shares of the company were exchanged. The company’s 50-day moving average price is $11.58 and its 200-day moving average price is $10.42. The stock has a market capitalization of $17.61 billion and a P/E ratio of 38.60. Rakuten Inc has a 1-year low of $9.19 and a 1-year high of $13.97.

WARNING: This article was originally reported by Transcript Daily and is the property of of Transcript Daily. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The legal version of this article can be read at https://transcriptdaily.com/2017/07/18/rakuten-inc-rkuny-receives-average-recommendation-of-hold-from-analysts-updated-updated-updated.html.

Get a free copy of the Zacks research report on Rakuten Inc (RKUNY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Rakuten Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rakuten Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply