
Kroger (KR) Stock Forecast & Price Target
Kroger (KR) Analyst Ratings
Bulls say
Kroger is expected to see strong growth in the coming years, with a projected increase in operating profit and a strengthening of its alternative profit businesses. This can be attributed to the company's focus on e-commerce and procurement, as well as its successful launch of the Kroger Global Capability Center. Additionally, the recent appointment of new CEO Greg Foran has boosted market confidence and could lead to a potential re-rating of the stock. However, Kroger will need to make improvements in food volumes in order to reach its 7-11% secular TSR objective and compete with other top-performing retailers.
Bears say
Kroger is facing significant challenges, including intense competition from online retailers like Amazon and traditional retailers like Walmart, as well as pressure on personal incomes leading to difficulty passing on price increases. Additionally, there are concerns about healthcare and pension expenses and the potential impact on profitability. While Kroger has made some progress in areas such as ecommerce and its own brands, there are still risks that may prevent the company from reaching its potential, leading to a negative outlook and a "Hold" rating from analysts.
This aggregate rating is based on analysts' research of Kroger and is not a guaranteed prediction by Public.com or investment advice.
Kroger (KR) Analyst Forecast & Price Prediction
Start investing in Kroger (KR)
Order type
Buy in
Order amount
Est. shares
0 shares