Kroger (KR) Reports In-Line Q1 EPS, Lowers FY EPS Guidance

Morgan Stanley Downgrades Kroger (KR) to Equalweight

June 19, 2017 2:58 AM EDT

Morgan Stanley downgraded Kroger (NYSE: KR) from Overweight to Equalweight with a price target of $23.00 (from $32.00).

For an analyst ratings summary and ratings history on Kroger click here. For more ratings news on Kroger click here.

Shares of Kroger closed at $22.29 Friday.

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Kroger (KR) Ratifies New Labor Agreements with UFCW Local 1996

June 16, 2017 3:15 PM EDT

The Kroger Co. (NYSE: KR) Atlanta division associates working at Kroger stores in the Atlanta metro and surrounding area have ratified new labor agreements with UFCW Local 1996.

"We are pleased to reach agreements that are good for our associates. These agreements provide good wage increases, affordable health care and stable pension funds to support our associates' retirement," said... More

Kroger (KR) PT Lowered to $27 at UBS; Remains Sidelined

June 16, 2017 8:43 AM EDT

UBS lowered its price target on Kroger (NYSE: KR) to $27.00 (from $32.00) while maintaining a Neutral rating. KR's cautious outlook helps underscore the challenges facing the broader food retail sector.

KR reaffirmed its flat to 1% FY core SSS guidance, and also bumped up its... More

Kroger (KR) PT Lowered to $28 at Oppenheimer Following 1Q

June 16, 2017 8:23 AM EDT

Oppenheimer lowered its price target on Kroger (NYSE: KR) to $28.00 (from $38.00) while maintaining a Outperform rating following the company's 1Q. Analyst Rupesh Parikh expected gross margin pressures, but thought expense controls would help to fund some of these investments. Instead, the company made additional... More

Kroger (KR) PT Lowered to $27 at BMO Capital Following 1Q

June 16, 2017 7:24 AM EDT

BMO Capital lowered its price target on Kroger (NYSE: KR) to $27.00 (from $32.00) while maintaining a Market Perform rating. Kroger's F1Q18 EPS was generally in line despite accelerating ex-fuel GM % pressure given support from strong fuel margins.

The F18 EPS outlook was cut... More

Kroger (KR) PT Lowered to $26 at Jefferies Following 1Q

June 16, 2017 7:05 AM EDT

Jefferies lowered its price target on Kroger (NYSE: KR) to $26.00 (from $30.00) while maintaining a Hold rating. 1Q adjusted EPS of $0.58 was in-line with consensus estimates, as comps remained negative but showed a slight upside.

KR lowered its 2017 EPS guidance and now expects $2.00-2.05 (vs.... More

Goldman Sachs Downgrades Kroger (KR) to Neutral

June 16, 2017 7:05 AM EDT

Goldman Sachs downgraded Kroger (NYSE: KR) from Buy to Neutral with a price target of $26.00 (from $33.00).

Analyst Stephen Tanal said they no longer believe the company's competitive advantages and recovering food deflation will be enough to drive earnings growth and investor... More

Telsey Downgrades Kroger (KR) to Market Perform

June 16, 2017 5:31 AM EDT

Telsey downgraded Kroger (NYSE: KR) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on Kroger click here. For more ratings news on Kroger click here.

Shares of Kroger closed at $24.56 yesterday.

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Kroger (KR) PT Lowered to $34 at RBC Capital, "Valuation Captures Risk"

June 16, 2017 4:14 AM EDT

RBC Capital lowered its price target on Kroger (NYSE: KR) to $34.00 (from $37.00) while maintaining a Outperform rating.

FY 2017 EPS estimate falls from $2.27 to $2.01 and FY 2018 EPS estimate falls from $2.46 to $2.13.

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JPMorgan Downgrades Kroger (KR) to Neutral

June 16, 2017 3:32 AM EDT

JPMorgan downgraded Kroger (NYSE: KR) from Overweight to Neutral with a price target of $24.00 (from $34.00).

Analyst Ken Goldman has growing concerns surrounding:

the cost of Krogers comps,the lack of operating leverage in Krogers current model,... More

Kroger (KR) Falls to Lows, Down 18.5%

June 15, 2017 11:08 AM EDT

Kroger (NYSE: KR) Falls to Lows, Down 18.5%

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