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Goldman Sachs announced The Kroger Co. (NYSE:KR), boosting its stock price target to $22.00 today

Yesterday The Kroger Co. (NYSE:KR) traded 0.62% higher at $21.90. KR’s 50-day average is $20.94 and its 200-day moving average is $24.91. The last closing price is down -15.61% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 14,104,769 shares of KR traded hands, down from an average trading volume of 14,954,900

In a report released on 11/14/2017 Goldman Sachs increased the stock price target of The Kroger Co. (NYSE:KR) to $22.00 reporting a possible upside of 0.00%.

Recent Performance Chart

The Kroger Co. (NYSE:KR)

The Kroger Co. has 52 week low of $19.69 and a 52 week high of $36.44 with a PE ratio of 12.72 and has a market capitalization of $0.

In addition to Goldman Sachs reporting its stock price target, a total of 24 brokerages have issued a research note on the company. The average stock price target is $41.50 with 11 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, seven analysts rating the company a hold, two analysts rating the company a underperform, and lastly zero analysts rating the company a sell.

More About The Kroger Co. (NYSE:KR)

The Kroger Co. (Kroger) manufactures and processes food for sale in its supermarkets. The Company operates supermarkets, multi-department stores, jewelry stores and convenience stores throughout the United States. As of January 28, 2017, it had operated approximately 4,000 owned or leased supermarkets, convenience stores, fine jewelry stores, distribution warehouses and food production plants through divisions, subsidiaries or affiliates. These facilities are located throughout the United States. As of January 28, 2017, Kroger operated, either directly or through its subsidiaries, 2,796 supermarkets under a range of local banner names, of which 2,255 had pharmacies and 1,445 had fuel centers. As of January 28, 2017, the Company offered ClickList and Harris Teeter ExpressLane, personalized, order online, pick up at the store services at 637 of its supermarkets. P$$T, Check This Out and Heritage Farm are the three brands. Its other brands include Simple Truth and Simple Truth Organic.

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