Professional
Added to YB: 2024-12-05
Pitch date: 2024-12-03
KR [bullish]
The Kroger Co.
+25.02%
current return
Author Info
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Company Info
The Kroger Co. operates as a food and drug retailer in the United States. It operates supermarkets, pharmacies, and fuel centers.
Market Cap
$43.2B
Pitch Price
$58.41
Price Target
73.00 (-0%)
Dividend
1.98%
EV/EBITDA
7.20
P/E
45.81
EV/Sales
0.44
Sector
Consumer Staples Distribution and Retail
Category
special_situation
Show full summary:
Jefferies Sees Kroger (KR) as a Buy with Dual Growth Paths and $73 Price Target
KR (analyst upgrade): Jefferies upgrades to Buy, PT $73. ACI deal closure = DD% EPS/30%+ FCF accretion via working capital optimization. No deal = $6bn debt for buybacks. Improving foot traffic, more profitable fuel biz vs pre-COVID. Analyst Rob Dickerson sees win-win scenario.
Read full article (1 min)