Kroger Company (The) with ticker code (KR) now have 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 75 and 36 suggesting an average Analsyt target price of $52.00. Given that the stocks previous close was at $48.92 this is indicating there is a potential upside of 6.3%. The 50 day moving average now sits at $45.61 and the 200 moving average now moves to $46.51. The company has a market capitalization of $35,271m. Company Website: https://www.thekrogerco.com
The potential market cap would be $37,492m based on the market consensus.
The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company’s marketplace stores offer full-service grocery, pharmacy, health and beauty care, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provide grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets and online; and sells fuel through fuel centers. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.
The company has a dividend yield of 2.13% with the ex dividend date set at 12-5-2023 (DMY).
Other points of data to note are a P/E ratio of 16.03, revenue per share of 206.49 and a 5.3% return on assets.
