The Kroger Co. (NYSE:KR – Get Free Report) has been assigned an average rating of “Moderate Buy” from the seventeen brokerages that are covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $74.6667.
A number of brokerages recently commented on KR. Roth Mkm reiterated a “buy” rating and issued a $78.00 target price (up from $75.00) on shares of Kroger in a research report on Friday, March 6th. Erste Group Bank lowered Kroger from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. BMO Capital Markets reiterated a “market perform” rating and issued a $70.00 target price on shares of Kroger in a research report on Thursday, March 5th. Wolfe Research reiterated an “outperform” rating and issued a $75.00 target price on shares of Kroger in a research report on Thursday, March 5th. Finally, JPMorgan Chase & Co. dropped their target price on Kroger from $72.00 to $70.00 and set a “neutral” rating on the stock in a research report on Thursday.
View Our Latest Analysis on Kroger
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Kroger Price Performance
Shares of NYSE KR opened at $64.65 on Friday. The business’s 50 day moving average price is $66.68 and its 200 day moving average price is $66.54. The firm has a market cap of $39.61 billion, a P/E ratio of 42.26, a P/E/G ratio of 1.83 and a beta of 0.42. Kroger has a 52 week low of $58.60 and a 52 week high of $76.58. The company has a quick ratio of 0.42, a current ratio of 0.80 and a debt-to-equity ratio of 2.66.
Trending Headlines about Kroger
Here are the key news stories impacting Kroger this week:
- Positive Sentiment: Kroger is being highlighted as a defensive grocery name during geopolitical uncertainty, and some analysts still see upside despite trimming price targets, which can support investor interest ahead of earnings. Here’s Why The Kroger Co. (KR) is a Defensive Stock to Buy Amid Geopolitical Tensions
- Positive Sentiment: The company is continuing to push value-driven promotions, including expanded fuel discounts, digital shelf labels, and seasonal private-label products, which may help traffic and customer loyalty. Is Kroger’s (KR) Digital Shelf Label Push Reframing Its Technology-Led Customer Loyalty Strategy?
- Positive Sentiment: Investor attention is building around Kroger’s June 18 Q1 earnings report, with some dividend-focused coverage reinforcing the stock’s income appeal before results are released. How To Earn $500 A Month From Kroger Stock Ahead Of Q1 Earnings
- Neutral Sentiment: Analysts remain mixed: JPMorgan and Erste Group both lowered estimates or targets, but kept broadly cautious/neutral stances, suggesting limited near-term conviction either way. JPMorgan price target update
- Neutral Sentiment: Coverage ahead of earnings says Kroger may not have the right setup for an upside surprise, which keeps expectations tempered into the report. Kroger (KR) Earnings Expected to Grow: Should You Buy?
- Negative Sentiment: Kroger agreed to pay $1.25 million to settle California claims that its Carbmaster bread labels overstated calorie reductions, adding another food-labeling legal overhang. Kroger to pay $1.25 million after California said its Carbmaster bread labels slashed calories in half
About Kroger
The Kroger Co (NYSE: KR) is one of the largest supermarket operators in the United States, offering a wide range of retail grocery and related services. Founded in Cincinnati in 1883 by Bernard Kroger, the company operates a portfolio of supermarket and multi-department store banners and provides customers with fresh foods, packaged groceries, deli and bakery items, meat and seafood, produce, and prepared foods. Kroger’s stores commonly include pharmacy services and fuel centers, positioning the company as a broad-based neighborhood retail destination for everyday needs.
In addition to traditional in-store retailing, Kroger manufactures and distributes a variety of private-label brands and operates its own food production and supply-chain facilities.
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