Key Takeaways:
- Kroger (KR, Financial) sees a 4.9% stock increase amidst rising tariffs, highlighting its appeal as a defensive investment.
- Wall Street analysts offer mixed future prospects for Kroger, with a consensus recommendation of "Outperform."
- GuruFocus indicates a significant potential downside based on the estimated GF Value for Kroger.
Amidst rising tariffs announced by President Trump, investors are increasingly gravitating towards the food and beverage sector, seeking safety in uncertain times. Leading the charge in the grocery segment is Kroger (NYSE: KR), whose stock surged by 4.9%. This suggests that a defensive strategy may be underway as economic uncertainties loom.
Wall Street Analysts' Forecasts
Based on the one-year price targets offered by 19 analysts, The Kroger Co. (KR) has an average target price of $67.64, with projections ranging from a high of $75.00 to a low of $57.00. Notably, the average target implies a downside of 4.20% from the current price of $70.60. For more comprehensive price estimates, interested investors can visit the The Kroger Co (KR, Financial) Forecast page.
Furthermore, based on the consensus recommendation from 25 brokerage firms, The Kroger Co's (KR, Financial) average brokerage recommendation currently stands at 2.3, marking an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell. This consensus highlights a positive outlook from a broad spectrum of analysts.
According to GuruFocus estimates, the estimated GF Value for The Kroger Co (KR, Financial) in one year is $52.71, signaling a potential downside of 25.34% from the current price of $70.60. The GF Value is a proprietary metric, calculated based on the historical multiples the stock has traded at previously, along with past business growth and future performance estimates. Investors can explore more detailed data on the The Kroger Co (KR) Summary page.
