Here’s Why Kroger Shares Have Surged Nearly 13% As The Market Plunges

  • 📰 Forbes
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

I am a New York—based reporter for Forbes covering breaking news, with a focus on financial topics. Previously, I wrote about investing for Money Magazine and was an intern at Forbes in 2015 and 2016. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter @skleb1234 or email me at sklebnikov@forbes.com

Crucial statistics:

Wall Street analysts are quite bullish on the stock: 22 of them give it either a “buy” or “hold” rating, while just one gives it a “sell” rating, according to Bloomberg data. Firms like Guggenheim and Telsey Advisory Group see the stock rising to $37 per share and $39 per share, respectively, while other firms like JPMorgan put the price target at current levels of around $32 per share.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hoarders

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines