Kroger Downgraded By Vetr To 4 Stars

The Vetr community has downgraded Kroger Co. KR from 4.5 to 4 stars.

Over the past month, Kroger has traded down over 22 percent, headlined by a 28 percent drop between June 14 and June 16 during which the company lowered its 2017 fiscal year adjusted EPS estimate over 20 cents and grocer competitor Whole Foods Markets WFM was purchased by Amazon.com, Inc. AMZN.

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Vetr members have given Kroger a Buy rating and $26.15 price target. This price target is lower than the $36.42 price target from analysts. The company closed Wednesday at $23.22.

Of all Vetr raters, 81.1 percent believe traders and investors should buy Kroger stock.

For Vetr’s full analysis of Kroger, go here.