On June 23, 2025, Kroger (KR, Financial) received notable attention from Wall Street as Guggenheim analyst John Heinbockel revised his price target for the company. Despite maintaining the 'Buy' rating, Heinbockel raised the price target for Kroger from $73.00 to $78.00 USD.
The adjustment in price target reflects a 6.85% increase, indicating positive sentiment regarding Kroger's market performance and potential growth. This update aligns with Guggenheim's continued confidence in Kroger's strategic direction and financial outlook.
As a prominent player in the retail sector, Kroger (KR, Financial) has consistently caught the eye of analysts and investors, with this latest development reaffirming its favorable evaluation in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for The Kroger Co (KR, Financial) is $71.74 with a high estimate of $80.00 and a low estimate of $58.00. The average target implies an downside of 3.18% from the current price of $74.10. More detailed estimate data can be found on the The Kroger Co (KR) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, The Kroger Co's (KR, Financial) average brokerage recommendation is currently 2.3, 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 The Kroger Co (KR, Financial) in one year is $52.94, suggesting a downside of 28.55% from the current price of $74.095. 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 The Kroger Co (KR) Summary page.