On May 1, 2025, JP Morgan analyst Ken Goldman released an update on Albertsons Companies (ACI, Financial), maintaining the stock's "Overweight" rating. The financial services firm has raised its price target for ACI from $24.00 USD to $31.00 USD, reflecting a notable 29.17% increase in projected valuation.
Albertsons Companies (ACI, Financial) continues to receive strong backing from JP Morgan, with the current rating and price target adjustment emphasizing the firm's confidence in ACI's market performance and growth prospects. The revised price target of $31.00 USD signifies a bullish outlook for ACI as the company advances in its industry sector.
The decision to uphold an "Overweight" rating indicates JP Morgan's optimism regarding Albertsons' potential to outperform relative to other stocks in the client's portfolio. This update from JP Morgan is a key development for investors tracking Albertsons Companies (ACI, Financial) on the NYSE.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Albertsons Companies Inc (ACI, Financial) is $23.36 with a high estimate of $28.00 and a low estimate of $19.00. The average target implies an upside of 6.29% from the current price of $21.98. More detailed estimate data can be found on the Albertsons Companies Inc (ACI) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Albertsons Companies Inc's (ACI, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Albertsons Companies Inc (ACI, Financial) in one year is $21.67, suggesting a downside of 1.39% from the current price of $21.975. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Albertsons Companies Inc (ACI) Summary page.
