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

Zacks has also given Rakuten Inc an industry rank of 85 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research downgraded Rakuten Inc from a “buy” rating to a “hold” rating in a report on Thursday, June 8th.

ILLEGAL ACTIVITY NOTICE: “Zacks: Rakuten Inc (NASDAQ:RKUNY) Receives Consensus Recommendation of “Hold” from Brokerages” was posted by American Banking News and is owned by of American Banking News. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/08/06/zacks-rakuten-inc-nasdaqrkuny-receives-consensus-recommendation-of-hold-from-brokerages.html.

Rakuten Inc (NASDAQ RKUNY) traded down 0.57% during midday trading on Friday, reaching $12.11. 2,176 shares of the company’s stock traded hands. Rakuten Inc has a one year low of $9.19 and a one year high of $13.97. The stock has a market cap of $17.21 billion and a PE ratio of 37.96. The stock’s 50 day moving average price is $12.08 and its 200-day moving average price is $10.87.

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.