Kroger (KR) Stock Forecast & Price Target

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$51.98

+0.93 (+1.82%)

(As of 06/18/2024 ET)

Kroger - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Consensus Price Target

$55.18
6.16% Upside

High Forecast	$65.00
Average Forecast	$55.18
Low Forecast	$46.00

Type	Current Forecast 6/20/23 to 6/19/24	1 Month Ago 5/21/23 to 5/20/24	3 Months Ago 3/22/23 to 3/21/24	1 Year Ago 6/20/22 to 6/20/23
Consensus Rating	Moderate Buy	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	5 Buy rating(s)	3 Buy rating(s)	7 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	8 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$55.18	$55.17	$53.55	$52.41
Forecasted Upside	6.16% Upside	9.56% Upside	12.09% Upside	14.03% Upside

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KR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

KR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kroger Stock vs. The Competition

Type	Kroger	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.50	2.42	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	6.16% Upside	46.33% Upside	11.30% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$58.00 ➝ $60.00	+17.53%
6/17/2024	Telsey Advisory Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$62.00 ➝ $62.00	+22.72%
4/16/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$63.00 ➝ $62.00	+11.47%
4/16/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$58.00 ➝ $65.00	+17.45%
4/8/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Underperform	$48.00	-16.24%
3/19/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$60.00 ➝ $61.00	+8.57%
Get the Latest News and Ratings for KR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Kroger and its competitors with MarketBeat's FREE daily newsletter.
12/1/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$54.00 ➝ $53.00	+19.72%
12/1/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$48.00 ➝ $46.00	+4.31%
12/1/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$52.00 ➝ $50.00	+12.99%
9/22/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$52.00	+13.81%
6/19/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$51.00 ➝ $48.00	+3.96%
6/16/2023	3M Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
6/16/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$54.00 ➝ $50.00	+9.00%
6/16/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$75.00 ➝ $65.00	+41.46%
3/20/2023	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$60.00	+28.26%
3/3/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Kirk Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
12/6/2022	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$58.00	+25.90%
12/5/2022	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Bill Kirk Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$50.00 ➝ $47.00	+2.00%
12/5/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$45.00 ➝ $50.00	+5.71%
10/10/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform
9/8/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$60.00 ➝ $55.00	+10.40%
9/6/2022	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$51.00	+4.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:08 AM ET.

KR Forecast - Frequently Asked Questions

What is Kroger's stock forecast and purchase recommendation?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Kroger is $55.18, with a high forecast of $65.00 and a low forecast of $46.00. The consensus rating for Kroger stock is Moderate Buy based on the current 1 sell rating, 3 hold ratings and 6 buy ratings for KR. Learn more on KR's analyst rating history.
Do Wall Street analysts like Kroger more than its competitors?: Analysts like Kroger more than other "retail/wholesale" companies. The consensus rating for Kroger is Moderate Buy while the average consensus rating for "retail/wholesale" companies is Hold. Learn more on how KR compares to other companies.
Is Kroger being upgraded by Wall Street analysts?: Over the previous 90 days, Kroger's stock had 2 upgrades by analysts.

Does Kroger's stock price have much upside?: According to analysts, Kroger's stock has a predicted upside of 9.86% based on their 12-month stock forecasts.
What analysts cover Kroger?: Kroger has been rated by research analysts at BMO Capital Markets, BNP Paribas, Evercore ISI, Telsey Advisory Group, and Wells Fargo & Company in the past 90 days.