Rakuten Inc (NASDAQ:RKUNY) Given Average Recommendation of “Hold” by Brokerages
Shares of Rakuten Inc (NASDAQ:RKUNY) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Zacks has also assigned Rakuten Inc an industry rank of 78 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised shares of Rakuten Inc from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Saturday, June 17th.
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Shares of Rakuten Inc (RKUNY) remained flat at $11.67 on Friday. The stock has a 50-day moving average price of $12.09 and a 200-day moving average price of $10.56. The company has a market capitalization of $16.58 billion and a P/E ratio of 36.58. Rakuten Inc has a one year low of $9.19 and a one year high of $13.97.
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