Rite Aid Stock News

Despite cost headwinds, strength in online services and the PBM market will likely aid Rite Aid (RAD) in the times ahead.

Despite cost headwinds, strength in online services and the PBM market will likely aid Rite Aid (RAD) in the times ahead.

Rite Aid Corporation found using ticker (RAD) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Underperform''. The range between the high target price and low target price is between 16 and 12 and has a mean target at 14. Now with the previous closing price of 10.55 this is indicating there is a potential upside of 32.7%. The day 50 moving average is 12.28 and the 200 moving average now moves to 15.16. The company has a market cap of $571m. Find out more information at: https://www.riteaid.com [stock_market_widget type="chart" symbol="RAD" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $758m based on the market concensus. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, pet care, and other every day and convenience products, as well as brand and generic prescription drugs.

A couple of Rite Aid stores in Manhattan are closing following an uptick in shoplifting. Rather than following suit, another store chain says it''s doing something else about it.

DUBLIN, Feb. 10, 2022 /PRNewswire/ -- The "United States Full story available on Benzinga.com

Investors are optimistic about Bio-Rad's (BIO) strong growth within Life Science and Clinical Diagnostics segments across all regions.

A spate of high-profile robberies at New York City Rite Aid locations has highlighted store closures in the area, but the pharmacy and retail giant is pushing back against the notion that its workers

One week after he filmed a man casually shoplifting from the store, comedian Michael Rapaport said the thefts are forcing the Rite Aid to close.

The fact that Rite Aid, an otherwise-thriving major corporation, is giving up on core Manhattan matters for our decaying borough.

The Biden administration is sending 400 million masks to pharmacies and health centers to help slow the spread of COVID-19.

The Biden administration is issuing 400 million free nonsurgical N95 masks to stop the spread of COVID-19.

Shoplifters are so unconcerned with being arrested in the city that one of them stopped to chat with The Post after ransacking a Manhattan drug store which is closing for good because of the out-of-control crime scourge.

Last week, billionaire and Dallas Mavericks owner Mark Cuban launched a new website that offers generic pharmaceutical drugs at a cheaper price than what’s available at most pharmacies. The company

Last week, billionaire and Dallas Mavericks owner Mark Cuban launched a new website that offers generic pharmaceutical drugs at a cheaper price than whats available at most pharmacies. The company is called the Mark Cuban Cost Plus Drug Company ( MCCPDC ). MCCPDC will compete with pharmacy giants Walgreens Boots Alliance Inc (NASDAQ: WBA ), CVS Health Corp (NYSE: CVS ) and Rite Aid (NYSE: RAD ). Cubans new company will bypass added middleman costs by purchasing generic drugs Full story available on Benzinga.com

Rite Aid (RAD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.