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Rentrak Corp. (NASDAQ:RENT) was downgraded by equities researchers at Albert Fried & Company to an “underweight” rating in a research report issued on Monday, StockRatingsNetwork reports.

A number of other firms have also recently commented on RENT. Analysts at Brean Capital raised their price target on shares of Rentrak Corp. from $50.00 to $58.00 in a research note to investors on Thursday, January 16th. They now have a “buy” rating on the stock. They noted that the move was a valuation call. Separately, analysts at Thomson Reuters/Verus upgraded shares of Rentrak Corp. from a “hold” rating to a “buy” rating in a research note to investors on Monday, December 9th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $48.33.

Shares of Rentrak Corp. (NASDAQ:RENT) opened at 55.00 on Monday. Rentrak Corp. has a 1-year low of $19.53 and a 1-year high of $56.23. The stock’s 50-day moving average is $37.93 and its 200-day moving average is $31.52. The company’s market cap is $658.6 million.

Rentrak Corp. (NASDAQ:RENT) last announced its earnings results on Thursday, November 7th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.25. The company had revenue of $29.50 million for the quarter, compared to the consensus estimate of $27.85 million. During the same quarter in the previous year, the company posted ($0.01) earnings per share. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. Analysts expect that Rentrak Corp. will post $-0.20 EPS for the current fiscal year.

Rentrak Corporation is a global digital media measurement, research and distribution company, serving the entertainment, television and advertising industries.

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