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Kroger (NYSE:KR) has been upgraded from Underweight to Equal-Weight in a report by Stephens today.

Having a price of $20.78, Kroger (NYSE:KR) traded 1.95% higher on the day. With the last close down -16.27% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Kroger has recorded a 50-day average of $21.16 and a two hundred day average of $25.30. Volume of trade was down over the average, with 5,657,791 shares of KR changing hands under the typical 14,199,700

Stephens has upgraded Kroger (NYSE:KR) from Underweight to Equal-Weight in a statement released on 10/12/2017.

Previously on 9/12/2017, Pivotal Research reported on Kroger (NYSE:KR) increased the target price from $0.00 to $25.00. At the time, this suggested an upside of 0.16%.

Performance Chart

Kroger (NYSE:KR)

With a total market value of $0, Kroger has 52 week low of $19.69 and a 52 week high of $36.44 with a PE ratio of 12.82 .

In addition to Stephens reporting its stock price target, a total of 24 brokers have released a ratings update on KR. The one year target is $41.50 with eleven firms rating the stock a strong buy, 7 firms rating the stock a buy, seven analysts rating the company a hold, two brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Kroger (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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