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Kroger (NYSE:KR) target maintained at $34.00, issued a ratings update earlier today by RBC Capital

Reporting a potential upside of 0.62%, RBC Capital hold steady the price target of Kroger (NYSE:KR) at $34.00

Yesterday Kroger (NYSE:KR) traded 1.95% higher at $21.00. The company’s 50-day moving average is $21.16 and its 200-day moving average is $25.30. The last stock close price is down -16.27% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 5,657,791 shares of the stock traded hands, down from an average trading volume of 14,199,700

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Kroger (NYSE:KR)

Kroger has a 52 week low of $19.69 and a 52 week high of $36.44 with a P/E ratio of 12.82 The company’s market cap is currently $0.

In addition to RBC Capital reporting its stock price target, a total of 24 equity analysts have released a ratings update on KR. The one year target is $41.50 with 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 lastly zero equity analysts rating the company a sell.

Brief Synopsis About 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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