Vetr Inc. recorded Kroger Co (NYSE:KR), stepping up its target to $33.25 earlier today
- Updated: October 16, 2016
Yesterday Kroger Co (NYSE:KR) traded 0.45% higher at $30.30. The company’s 50-day moving average is $30.76 and its 200-day moving average is $34.36. The last stock close price is down -8.98% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trading volume was up over the average, with 14,820,078 shares of KR changing hands over the typical 11,380,800
In a statement issued on Tuesday October 11, 2016 Vetr Inc. bumped up the target of Kroger Co (NYSE:KR) to $33.25 indicating a possible upside of 0.10%.
Kroger Co has PE ratio of 14.83 with a one year low of $28.71 and a one year high of $42.75 and has a market capitalization of $0.
Also covering Kroger Co's target price, a total of 24 firms have released a ratings update on KR. The one year stock price target is $41.50 with eleven analysts rating the company a strong buy, 7 brokerages rating the company a buy, seven brokers rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
General Information 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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