A report released today by Jefferies about Rent-A-Center (NASDAQ:RCII) bumps the target price to $10.00
- Updated: October 13, 2016
Boasting a price of $9.55, Rent-A-Center (NASDAQ:RCII) traded -1.83% lower on the day. With the last stock price close down -27.89% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. RCII has recorded a 50-day moving average of $12.38 and a 200-day moving average of $13.00. 400,598 shares of RCII traded hands, down from an average trading volume of 994,892
Rent-A-Center (NASDAQ:RCII) had its target price raised to $10.00 by Jefferies in a report released 10/13/2016. The new target price indicates a possible upside of 0.05% from the company's most recent stock price close.
Recent Performance Chart
Rent-A-Center has with a one year low of $8.00 and a one year high of $26.26 and has a market capitalization of $0.
General Company Details For Rent-A-Center (NASDAQ:RCII)
Rent-A-Center, Inc. is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories), under rental purchase agreements. The Company operates in four segments: Core U.S., Acceptance Now, Mexico and Franchising. Its Core U.S. and Mexico stores generally offer merchandise from over five basic product categories: consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories). The Acceptance Now segment provides an on-site rent-to-own option at a third-party retailer's location. Its Franchising segment engages in the sale of rental merchandise to its franchisees who, in turn, offer the merchandise to the general public for rent or purchase under a rent-to-own transaction. It offers brands, such as LG, Frigidaire, Acer, Apple, Asus, Samsung, Ashley, Powell and Standard.
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