Where Will Kroger Stock Be in 1 Year?
Shares of (NYSE: KR) rallied nearly 30% over the past 12 months as the S 500 advanced less than 10%. The largest supermarket operator in America dazzled the market with its robust sales growth, its resistance to macro headwinds, and its effective digital strategies. It also ramped up its buybacks after its planned merger with Albertsons (NYSE: ACI) collapsed.
But can Kroger's stock keep climbing higher over the next 12 months as tariffs, trade wars, and other unpredictable headwinds rattle the economy? Let's dig deeper to find out.
Image source: Getty Images.
Source Fool.com
Kroger Co. Stock
€63.33
2.150%
The stock is one of the favorites of our community with 33 Buy predictions and 1 Sell predictions.
As a result the target price of 66 € shows a slightly positive potential of 4.22% compared to the current price of 63.33 € for Kroger Co..
