The Kroger Co. which can be found using ticker (KR) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $70.00 and $48.00 with the average share target price sitting at $58.07. (at the time of writing). Given that the stocks previous close was at $54.20 this indicates there is a potential upside of 7.1%. It’s also worth noting that there is a 50 day moving average of $55.83 and the 200 moving average now moves to $48.36. The company has a market capitalization of 39.21B. The stock price is currently at: $53.89 USD
The potential market cap would be $42,009,782,158 based on the market consensus.
The company has a dividend yield of 1.62%. Other points of data to note are a P/E ratio of 18.21, revenue per share of $208.97 and a 6.23% return on assets.
The Kroger Co. is a food and drug retailer. The Company operates supermarkets, multi-department stores and fulfillment centers throughout the United States. The Company operates approximately 2,719 supermarkets, 2,252 pharmacies and 1,637 fuel centers across 35 states and also operates online through a digital ecosystem to offer customers an omnichannel shopping experience. The Company also manufactures and processes food for sale in its supermarkets and online. It offers Pickup and Harris Teeter ExpressLane personalized, order online, pick up at the store services. Its delivery solutions include orders delivered to customers from retail store locations and customer fulfillment centers powered by Ocado. Its brands products are primarily produced and sold in three tiers, such as Private Selection, The Kroger, Big K, Smart Way, Heritage Farm. Its brands offer customers a variety of natural and organic products with Simple Truth and Simple Truth Organic brands.
