A statement released earlier today by Barclays PLC about Kroger Co (NYSE:KR) bumps the target price to $33.00
- Updated: September 23, 2016
Barclays PLC bumped up the target of Kroger Co (NYSE:KR) to $33.00 stating a potential upside of 0.07%.
On Monday September 12, 2016, Deutsche Bank released a statement for Kroger Co (NYSE:KR) bumped down the target price from $41.00 to $39.00 that suggested an upside of 0.26%.
Boasting a price of $30.75, Kroger Co (NYSE:KR) traded -0.98% lower on the day. With the last stock price close down -13.52% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Kroger Co has recorded a 50-day average of $31.90 and a two hundred day average of $35.21. Volume of trade was down over the average, with 8,599,347 shares of KR changing hands under the typical 9,967,250
With a total market value of $0, Kroger Co has price-earnings ratio of 14.44 with a one year low of $30.44 and a one year high of $42.75 .
A total of 24 equity analysts have released a research note on KR. Eleven equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, seven equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $41.50.
Brief Synopsis About Kroger Co (NYSE:KR)
The Kroger Co. (Kroger) operates retail food and drug stores, multi-department stores, jewelry stores and convenience stores across the United States. The Company also manufactures and processes food for sale in its supermarkets. It operates through retail operations segment. The Company operates, either directly or through its subsidiaries, approximately 2,778 retail food stores under a range of local banner names, approximately 1,387 of which have fuel centers. The Company's supermarkets are operated under combination food and drug stores (combo stores), multi-department stores, marketplace stores or price impact warehouses. The Company's corporate brand products are primarily produced and sold in approximately three tiers. Private Selection is the brand designed to beat the gourmet or upscale brands. The banner brand includes Kroger, Ralphs, Fred Meyer and King Soopers. The Company's other brands also include Simple Truth and Simple Truth Organic.
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