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Kroger Unveils Kitchen 1883 -- Should Investors Cheer or Jeer?


Kroger Unveils Kitchen 1883 -- Should Investors Cheer or Jeer?

If you were a shareholder of Kroger (NYSE: KR) over the past year, you know it has not been a pleasant ride. The stock is down mightily as a result of a) food deflation and the accompanying grocery store price wars, and b) the blockbuster Whole Foods acquisition from this summer. Add to that the expansion of German discounters Aldi and Lidl in the U.S., and you've got a recipe for investor pessimism.

KR Chart

Data by YCharts.

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Source: Fool.com

Kroger Co. Stock

€48.15
1.360%
There is an upward development for Kroger Co. compared to yesterday, with an increase of €0.65 (1.360%).
With 24 Buy predictions and 1 Sell predictions Kroger Co. is one of the favorites of our community.
With a target price of 55 € there is a slightly positive potential of 14.24% for Kroger Co. compared to the current price of 48.15 €.
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