Kroger Co. logo

Kroger Co. (KR)

Market Closed
16 Oct, 08:00 PM
NYSE NYSE
$
63. 63
+0.92
+1.4671%
$
37.58B Market Cap
18.77 P/E Ratio
1.4% Div Yield
6.52M Volume
4.55 Eps
$ 62.71
Previous Close
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Day Range
62.79 63.83
Year Range
54.15 76.58
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Albertsons May Be Win-Win Proposition, With Or Without Kroger Deal

Albertsons May Be Win-Win Proposition, With Or Without Kroger Deal

Investor interest in Albertsons has suffered due to FTC/state roadblocks to a proposed merger with Kroger. However, Albertsons is cheap enough as a standalone company with stable operations to justify a Buy rating, absent the business marriage. With a transaction cash value of $27.25 per ACI share, even better investment returns might be possible over 12-18 months if Kroger backs out.

Seekingalpha | 2 years ago