Recent Price Action
The Kroger Co. (NYSE: KR) stock closed at $44.27 on 11/30/23 after an increase of 1.4%. Moreover, exceptionally high trading volume at 367% of normal accompanied the advance. The stock has risen 2.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
KR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Kroger Co has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kroger Co has a neutral Power Rating of 53 and a neutral Appreciation Score of 56, producing the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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