TheStreet Ratings Team Reiterates Rite Aid (RAD) Stock as a 'Hold'

NEW YORK (TheStreet) -- TheStreet Ratings team reiterates its "hold" rating on Rite Aid  (RAD)  with a ratings score of C. The stock was down 4.69% to $4.98 at 12:51 p.m.

TheStreet Ratings Team has this to say about their recommendation:

"We rate RITE AID CORP (RAD) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including relatively poor performance when compared with the S&P 500 during the past year and poor profit margins."

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RAD Chart RAD data by YCharts


STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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