Oppenheimer Reaffirms Their Hold Rating on Kroger Company


Oppenheimer analyst Rupesh Parikh maintained a Hold rating on Kroger Company (NYSE: KR) on May 25. The company’s shares closed on Friday at $24.61.

According to TipRanks.com, Parikh is a 5-star analyst with an average return of 16.1% and a 61.7% success rate. Parikh covers the Services sector, focusing on stocks such as Blue Apron Holdings Inc, United Natural Foods, and Wal-Mart Stores Inc.

Kroger Company has an analyst consensus of Moderate Buy, with a price target consensus of $27.79.

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The company has a one-year high of $31.45 and a one-year low of $19.69. Currently, Kroger Company has an average volume of 10.94M.

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The Kroger Co. engages in the operation of retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. It also manufactures and processes some of the food for sale in its supermarkets. The combination food and drug Stores are the primary food store format.

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