Rent-A-Center (NASDAQ:RCII) had its price target increased by Raymond James from $41.00 to $43.00 in a research report sent to investors on Thursday morning, Analyst Ratings Network reports. The firm currently has an outperform rating on the stock.
Shares of Rent-A-Center (NASDAQ: RCII) opened at 38.98 on Thursday. Rent-A-Center has a one year low of $31.22 and a one year high of $40.44. The stock’s 50-day moving average is currently $38.57. The company has a market cap of $2.139 billion and a P/E ratio of 12.82.
A number of other firms have also recently commented on RCII. Analysts at Canaccord Genuity raised their price target on shares of Rent-A-Center from $37.00 to $42.00 in a research note to investors on Tuesday, July 23rd. They now have a hold rating on the stock. Separately, analysts at Northcoast Research downgraded shares of Rent-A-Center from a buy rating to a neutral rating in a research note to investors on Wednesday, July 17th. Finally, analysts at Zacks upgraded shares of Rent-A-Center from an underperform rating to a neutral rating in a research note to investors on Tuesday, July 2nd. They now have a $40.00 price target on the stock.
Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $41.00.
Rent-A-Center, Inc is a rent-to-own operator in North America. It provides the customers the ownership of durable products, such as consumer electronics, appliances, computers, furniture and accessories, under rental purchase agreements with no long-term obligation.