Kroger Unveils Kitchen 1883 -- Should Investors Cheer or Jeer?
If you were a shareholder of Kroger (NYSE: KR) over the past year, you know it has not been a pleasant ride. The stock is down mightily as a result of a) food deflation and the accompanying grocery store price wars, and b) the blockbuster Whole Foods acquisition from this summer. Add to that the expansion of German discounters Aldi and Lidl in the U.S., and you've got a recipe for investor pessimism.
Data by YCharts.
Source: Fool.com
Kroger Co. Stock
€49.98
-1.100%
We see a rather positive sentiment for Kroger Co. with 17 Buy predictions and 1 Sell predictions.
As a result the target price of 54 € shows a slightly positive potential of 8.04% compared to the current price of 49.98 € for Kroger Co..
