Analysts gave the following ratings for Kroger (NYSE: KR) in the past quarter:
| Bullish | A bit bullish | Indifferent | A bit bearish | Bearish | |
|---|---|---|---|---|---|
| Overall ratings | 0 | 0 | 7th | 2 | 0 |
| Last 30 days | 0 | 0 | 3 | 1 | 0 |
| 1 month ago | 0 | 0 | 0 | 0 | 0 |
| 2 months ago | 0 | 0 | 0 | 0 | 0 |
| 3 months ago | 0 | 0 | 4th | 1 | 0 |
According to 9 analysts offering 12 month price targets over the past 3 months, Kroger has an average price target of $ 38.78 with a high of $ 45.00 and a low of $ 31.00.
Below is a summary of how these 9 analysts rated Kroger over the past 3 months. The higher the number of bullish ratings, the more positive analysts are on the stock and the higher the number of bearish ratings, the more negative analysts tend to the stock
This current average is up 8.72% from the previous average target price of $ 35.67.
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts usually reach their conclusions by predicting how much money a company will make in the future, typically the next five years, and how risky or predictable the company’s sources of income are.
Analysts take part in conference calls and company meetings, research companies’ financial statements, and communicate with insiders to publish their stock valuations. Analysts typically rate each stock once a quarter or every time the company has a major update.
Some analysts also offer forecasts for metrics such as growth estimates, earnings, and earnings to provide further guidance on stocks. Investors using analyst ratings should note that this specialized advice is human and may be subject to error.
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