Kroger Company (The) with ticker code (KR) have now 24 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 75 and 38 and has a mean target at 53.62. Given that the stocks previous close was at 57.79 this indicates there is a potential downside of -7.2%. The day 50 moving average is 53.61 and the 200 day MA is 45.52. The company has a market cap of $41,735m. You can visit the company’s website by visiting: https://www.thekrogerco.com
The potential market cap would be $38,723m based on the market concensus.
The Kroger Co. operates as a 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 1,613 fuel centers. As of January 29, 2022, the company operated 2,726 supermarkets under various banner names in 35 states and the District of Columbia. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.
