Rite Aid (RAD) Back-of-the-Envelope Value Seen at $3/Share
Tweet
Share
E-mail
Get Alerts RAD Hot Sheet
Join SI Premium – FREE
Initial back-of-the-envelope valuation on Rite Aid (NYSE: RAD) after today's Walgreen's deal pegs it at $3/share based on $600M EBITDA at a 8x multiple, according to sources.
Shares are currently trading down 22.7% to $3.04.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Nscale targets up to $3B in US IPO as soon as September - Bloomberg
- Apple Cuts Jobs in Siri, Vision Pro 3D Video and Gaming Teams - Bloomberg
- Hunterbrook bullish on Modine Manufacturing (MOD)
Create E-mail Alert Related Categories
Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
