Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Kroger Company (KR), Kraft Heinz (KHC) and Colgate-Palmolive (CL)

Kroger Company (KR)

Wells Fargo analyst Edward Kelly maintained a Hold rating on Kroger Company on July 17 and set a price target of $58.00. The company’s shares closed last Friday at $58.82.

According to TipRanks.com, Kelly is a 5-star analyst with an average return of 10.8% and a 65.9% success rate. Kelly covers the Consumer Goods sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Bj’s Wholesale Club Holdings, and Grocery Outlet Holding.

Currently, the analyst consensus on Kroger Company is a Moderate Buy with an average price target of $70.33, representing a 17.8% upside. In a report issued on July 2, Barclays also maintained a Hold rating on the stock with a $61.00 price target.

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