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A Quick Look at Today's Ratings for The Kroger(KR.US), With a Forecast Between $65 to $73

Futu News ·  Dec 7 21:00  · Ratings

On Dec 07, major Wall Street analysts update their ratings for $The Kroger (KR.US)$, with price targets ranging from $65 to $73.

J.P. Morgan analyst Kenneth Goldman maintains with a buy rating, and adjusts the target price from $59 to $69.

BofA Securities analyst Robert Ohmes maintains with a buy rating.

Jefferies analyst Robert Dickerson maintains with a buy rating, and maintains the target price at $73.

Evercore analyst Michael Montani maintains with a buy rating, and adjusts the target price from $67 to $70.

Telsey Advisory analyst Joe Feldman maintains with a buy rating, and maintains the target price at $65.

Furthermore, according to the comprehensive report, the opinions of $The Kroger (KR.US)$'s main analysts recently are as follows:

  • Kroger's Q3 update, though not entirely meeting optimistic expectations, displayed sufficient fundamental improvements to maintain a positive outlook on its financial performance. The improving momentum is expected to enhance earnings per share and elevate the stock's value.

Here are the latest investment ratings and price targets for $The Kroger (KR.US)$ from 5 analysts:

StockTodayLatestRating_nn_202443_20241207_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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