Kroger Company (The) – Consensus indicates downside potential of -3.9%

Kroger Company (The) with ticker code (KR) now has 23 analysts covering the stock, with consensus suggesting a ‘Hold’ rating. The range between the high target price and the low target price is between 46 and 29, with the average target price being 38.26. With the previous closing price of 39.83 this would mean that there is a downward movement of -3.9%. The 50-day moving average is now 37.75 and the 200-day moving average is 35.17. The company’s market capitalization is $ 29,314 million. Visit the company’s website at:

The Kroger Co. operates as a retailer in the United States. The company operates combined food and drug stores, multi-department stores, marketplaces and mark-up warehouses. Its combined grocery and drug stores offer natural and organic sections, pharmacies, general merchandise, animal centers, fresh seafood and organic products; and multi-department stores offer clothing, home fashion and furnishings, outdoor living, electronics, automotive products and toys. The company’s marketplace stores offer full-service grocery, pharmacy, health, and beauty departments, and perishable and general merchandise, including apparel, housewares, and toys; and Price Influence Warehouses offer groceries, health and beauty products as well as meat, dairy products, baked goods and fresh produce. It also produces and processes food for sale in its supermarkets; and sells fuel through 1,596 gas stations. As of January 30, 2021, the company operated 2,742 grocery stores under various banner names in 35 states and the District of Columbia, as well as online retail. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.

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