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Analysts Conflicted on These Consumer Goods Names: Costco (COST) and Kroger Company (KR)

Tipranks - Fri Mar 6, 7:18PM CST

Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Costco (COSTResearch Report) and Kroger Company (KRResearch Report).

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Costco (COST)

In a report released yesterday, Bill Kirk from Roth MKM reiterated a Sell rating on Costco, with a price target of $769.00. The company’s shares closed last Thursday at $982.57.

According to TipRanks.com, Kirk has 0 stars on 0-5 stars ranking scale with an average return of -8.1% and a 40.3% success rate. Kirk covers the Consumer Goods sector, focusing on stocks such as Grocery Outlet Holding, United Natural Foods, and Albertsons Companies. ;'>

Currently, the analyst consensus on Costco is a Moderate Buy with an average price target of $1077.90.

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Kroger Company (KR)

In a report released yesterday, Scott Marks CFA from Jefferies reiterated a Buy rating on Kroger Company, with a price target of $82.00. The company’s shares closed last Thursday at $71.57.

According to TipRanks.com, CFA is ranked 0 out of 5 stars with an average return of -6.9% and a 37.0% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Mondelez International, Lamb Weston Holdings, and McCormick & Company. ;'>

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $75.18, representing an 11.8% upside. In a report issued on February 22, Bank of America Securities also maintained a Buy rating on the stock with a $85.00 price target.

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