Market Overview

Morgan Stanley Initiates Coverage On Food Retailers, Dollar Stores

Share:
Related KR
Here's Every Whole Foods Rumor Of 2016
7 Biggest Price Target Changes For Wednesday
Consumer Edge Research dissects consumer price trends (Seeking Alpha)

Morgan Stanley Wednesday morning released a note initiating coverage on a number of players in the food retail and dollar store sectors.

The firm came out more optimistic on "theme-driven" food retail and noted that the dollar store sector is in need of macro improvements to warrant upside.

Based on an AlphaWise survey, Morgan Stanley is looking for natural/organic retail sales to double to $100 billion by 2020.

Additionally, the firm says traditional brick and mortar food retailers are insulated from the eCommerce threat due to lack of consumer interest.

Food Retail

Overweight

Equal-weight

Underweight

Latest Ratings for KR

DateFirmActionFromTo
Dec 2016PiperJaffrayUpgradesUnderweightNeutral
Sep 2016JefferiesMaintainsHold
Sep 2016BarclaysInitiates Coverage onEqual-Weight

View More Analyst Ratings for KR
View the Latest Analyst Ratings

Posted-In: Morgan StanleyAnalyst Color News Price Target Initiation Analyst Ratings

 

Related Articles (DLTR + DG)

View Comments and Join the Discussion!