J.P. Morgan analyst Kenneth Goldman maintained a Hold rating on Kroger Company (NYSE:KR) on Friday, setting a price target of $44, which is approximately 1.31% above the present share price of $43.43.
Goldman expects Kroger Company to post earnings per share (EPS) of $0.62 for the fourth quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Hold rating of shares in Kroger Company, with an average price target of $44.2.
The analysts price targets range from a high of $50 to a low of $34.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $31.68 billion and a net profit of $839 million. The company's market cap is $32.3 billion.
According to TipRanks.com, J.P. Morgan analyst Kenneth Goldman is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.5% and a 62.23% success rate.
Founded in 1883, The Kroger Co . is a Ohio-based retailer, which is engaged in the operation of retail food and drug stores, multi-department stores, jewellery stores, and convenience stores. It also manufactures and processes some of the food for sale in its supermarkets.