Albertsons Companies Inc. (NYSE:ACI) is considered one of the deep value stocks to buy by analysts. The stock was upgraded to Buy from Neutral, with a new price target of $27. Analysts see growth opportunities in pharmacy cross-shopping and digital channels.
Analysts expect Albertsons to support shareholder returns through buybacks and exceed quarterly expectations. BMO Capital reaffirmed a Buy rating with a price target of $25, citing EBITDA growth by 2026, improving grocery trends, and a low valuation. These factors position the stock as an attractive defensive play.
Albertsons is one of the largest food and drug retailers in the US, with well-known banners like Albertsons, Safeway, and Vons. While it’s seen as an investment opportunity, some believe other AI stocks offer greater upside potential. Consider exploring other options for potential returns.
If you’re interested in AI stocks with significant potential, check out a free report on the best short-term AI stock. For more investment opportunities, explore the 10 Best Large Cap Tech Stocks to Buy Now and 10 Best Big Tech Stocks to Buy Right Now. This article is originally published on Insider Monkey.
Read more at Yahoo Finance: Analysts See Albertsons (ACI) Unlocking Value via Growth and Buybacks
