Telsey Advisory maintains Buy rating on undervalued Kroger Co. (KR) with positive fiscal results.

From Yahoo Finance: 2025-06-17 11:22:00

The Kroger Co. (NYSE:KR) is highlighted as one of the 13 most undervalued retail stocks to buy. Telsey Advisory analyst Jason Strominger maintains a Buy rating on KR with a price target of $73.00. The company saw positive fiscal Q4 2024 results, including a 2.4% rise in identical sales and 11% digital sales growth.

In full fiscal year 2024, The Kroger Co. (NYSE:KR) achieved a 1.5% growth in identical sales, excluding fuel. The company has also initiated a $5.0 billion Accelerated Share Repurchase Program as part of its $7.5 billion share repurchase authorization. Full-year 2025 guidance predicts identical sales in the 2% to 3% range, excluding fuel.

While The Kroger Co. (NYSE:KR) presents investment potential, some AI stocks may offer greater upside potential with less downside risk. Investors seeking an undervalued AI stock can look into a free report on the best short-term AI stock. The company’s performance and outlook suggest a positive trajectory for future growth and profitability.

Read more: Telsey Advisory Maintains a Buy Rating on The Kroger Co. (KR)