Zacks: Rakuten Inc (NASDAQ:RKUNY) Receives Consensus Recommendation of “Hold” from Brokerages
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.
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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.
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