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Guggenheim Remains a Buy on Kroger Company (KR)

Tipranks - Sat Mar 7, 6:14AM CST

In a report released today, from Guggenheim maintained a Buy rating on Kroger Company, with a price target of $78.00.

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In addition to Guggenheim, Kroger Company also received a Buy from Jefferies’s Scott Marks CFA in a report issued yesterday. However, today, Wells Fargo maintained a Hold rating on Kroger Company (NYSE: KR).

Based on Kroger Company’s latest earnings release for the quarter ending November 8, the company reported a quarterly revenue of $33.86 billion and a GAAP net loss of $1.32 billion. In comparison, last year the company earned a revenue of $33.63 billion and had a net profit of $618 million

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