Lower food prices weigh on Kroger's profit forecast
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Guggenheim Remains Bullish on Kroger (KR); Reiterates $40 Price Target
December 5, 2016 7:19 AM ESTGuggenheim reiterated a Buy rating and $40.00 price target on Kroger (NYSE: KR). Guggenheim believes that the company is the best way to take advantage of a return to food inflation, with a favorable risk/reward.
Analyst John Heinbockel commented, "KR remains our... More
Jefferies Cuts Price Target on Kroger (KR) to $30 Following 3Q and Guidance
December 2, 2016 8:19 AM ESTJefferies maintained a Hold rating on Kroger (NYSE: KR), and cut the price target to $30.00 (from $32.00), following the company's 3Q earnings report. Adjusted EPS of $0.41 was in line with the consensus estimate. KR lowered its F16 EPS guidance to $2.10-2.15 from $2.10-$2.20, and... More
