Shares of Rent-A-Center Inc (NASDAQ:RCII) have earned a consensus rating of “Hold” from the ten analysts that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $10.10.

A number of equities analysts have recently issued reports on the stock. BidaskClub upgraded shares of Rent-A-Center from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. ValuEngine lowered shares of Rent-A-Center from a “hold” rating to a “sell” rating in a research report on Wednesday, January 24th. Zacks Investment Research lowered shares of Rent-A-Center from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Loop Capital set a $8.00 target price on shares of Rent-A-Center and gave the stock a “sell” rating in a research report on Wednesday, January 17th. Finally, Raymond James Financial restated a “market perform” rating on shares of Rent-A-Center in a research report on Wednesday, October 25th.

A number of large investors have recently bought and sold shares of the stock. Frontier Capital Management Co. LLC grew its position in Rent-A-Center by 2.2% in the 3rd quarter. Frontier Capital Management Co. LLC now owns 3,215,402 shares of the company’s stock valued at $36,913,000 after buying an additional 68,605 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Rent-A-Center by 1.7% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 1,577,669 shares of the company’s stock valued at $18,112,000 after buying an additional 25,839 shares during the last quarter. JPMorgan Chase & Co. grew its position in Rent-A-Center by 15.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,418,648 shares of the company’s stock valued at $16,357,000 after buying an additional 189,506 shares during the last quarter. Parametric Portfolio Associates LLC grew its position in Rent-A-Center by 28.8% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 582,062 shares of the company’s stock valued at $6,822,000 after buying an additional 130,293 shares during the last quarter. Finally, SG Capital Management LLC purchased a new position in Rent-A-Center in the 4th quarter valued at $6,148,000.

Shares of Rent-A-Center (RCII) traded down $0.41 on Friday, hitting $9.61. 1,727,480 shares of the stock were exchanged, compared to its average volume of 1,718,399. The company has a current ratio of 2.55, a quick ratio of 0.46 and a debt-to-equity ratio of 2.69. The stock has a market capitalization of $536.32, a price-to-earnings ratio of -2.93 and a beta of 0.63. Rent-A-Center has a twelve month low of $7.93 and a twelve month high of $13.89.

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Rent-A-Center Company Profile

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.

Analyst Recommendations for Rent-A-Center (NASDAQ:RCII)

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