# The Kroger Co. – Consensus ‘buy’ rating and 2.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/the-kroger-co.consensus-buy-rating-and-2.9-upside-potential/4121153079
- Published: 2024-04-23T14:12:12+01:00
- Author: Charlotte Edwards

**The Kroger Co.** with ticker code (KR) have now 18 analysts in total covering 
the stock. The consensus rating is pointing to ‘buy’. The range between the high
target price and low target price is between $70.00 and $48.00 calculating the average
target price we see $58.23. Given that the stocks previous close was at $56.57 this
is indicating there is a potential upside of 2.9%. The 50 day MA is $53.22 and the
200 moving average now moves to $47.63. The market capitalization for the company
is 41.09B. The stock price is currently at: $56.93 USD

 The potential market cap would be $42,291,323,976 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 19.23, 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.

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