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Stock analysts at Sidoti assumed coverage on shares of Rentrak Corp. (NASDAQ:RENT) in a report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Shares of Rentrak Corp. (NASDAQ:RENT) traded down 0.32% on Friday, hitting $50.967. 18,624 shares of the company’s stock traded hands. Rentrak Corp. has a one year low of $19.77 and a one year high of $69.00. The stock has a 50-day moving average of $55.73 and a 200-day moving average of $50.31. The company’s market cap is $616.9 million.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks downgraded shares of Rentrak Corp. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. They now have a $61.90 price target on the stock. Analysts at BWS Financial raised their price target on shares of Rentrak Corp. to $85.00 in a research note on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $64.48.

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

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