Albertsons Companies Inc. (ACI) PT Lowered to $19 at BMO Capital

BMO Capital analyst Kelly Bania lowered the price target on Albertsons Companies Inc. (NYSE: ACI) to $19.00 (from $21.00) while maintaining a Market Perform rating.

The analyst commented, "ACI's F2Q25 adjusted EPS beat forecasts but still declined (18)% YoY. IDs sales also beat expectations but were driven by accelerating pharmacy growth, and we believe underlying trends point to continued grocery market share losses. We lower our F2H25 estimates as margin pressure is likely to persist for longer than expected, which combined with potential continued grocery share losses in an increasingly competitive environment and further uncertainty in a deal-break scenario, we lower our target price to $19 on a lower deal- break/downside of $16 but still reflecting a 70% block/30% approve assumption."

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