Rakuten Inc (RKUNY) Given Consensus Recommendation of “Hold” by Analysts
Rakuten Inc (NASDAQ:RKUNY) has been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Zacks has also assigned Rakuten Inc an industry rank of 77 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Rakuten Inc from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Saturday, June 17th.
Rakuten Inc (NASDAQ:RKUNY) remained flat at $11.81 on Friday. The company’s stock had a trading volume of 4,618 shares. Rakuten Inc has a 1-year low of $9.19 and a 1-year high of $13.97. The company has a market cap of $16.78 billion and a P/E ratio of 37.02. The firm has a 50 day moving average price of $12.09 and a 200-day moving average price of $10.56.
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