Rosetta Stone Inc (NYSE:RST) has been given an average recommendation of “Buy” by the six brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $24.67.
Several equities research analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Rosetta Stone from a “buy” rating to a “hold” rating in a research note on Thursday, January 17th. Lake Street Capital set a $21.00 target price on shares of Rosetta Stone and gave the company a “buy” rating in a research note on Wednesday, November 7th. Finally, ValuEngine downgraded shares of Rosetta Stone from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 4th.
Rosetta Stone stock traded up $0.36 during mid-day trading on Friday, reaching $16.20. 11,298 shares of the company’s stock traded hands, compared to its average volume of 124,884. The company has a market cap of $352.53 million, a price-to-earnings ratio of -71.00 and a beta of 0.13. Rosetta Stone has a 12-month low of $12.36 and a 12-month high of $21.54.
Rosetta Stone Company Profile
Rosetta Stone Inc, together with its subsidiaries, provides technology-based learning products in the United States and internationally. It operates through three segments: Literacy, E&E Language, and Consumer Language. The company develops, markets, and supports a suite of language-learning, literacy, and brain fitness solutions consisting of Web-based software subscriptions, perpetual software products, online and professional services, audio practice products, and mobile applications.
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