What is RAD price target?

Further into the future, on September 29, 2023, analysts again converged on RAD's price prospects. This time, the average target price dropped more significantly to $2.75, as reflected in the consensus of three analysts.

RITE AID CORP (RAD) has been the subject of keen interest among analysts who have been projecting its future price targets. The company's share price is a crucial indicator of market sentiment and investor confidence.

Notably, by October 6, 2023, the number of analysts contributing to the price target estimate decreased to two. This reduction, coupled with an average target price of $1.80, paints a more cautious picture for RAD's share price in the longer term.

On October 4, 2022, three analysts offered their price targets for RAD. The consensus among them was an average target price of $4.166, suggesting a positive outlook for the stock in the near term.

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