The Kroger Co. (NYSE:KR) is one of the most undervalued retail stocks to invest in. On October 2, Evercore ISI analyst Michael Montani maintained a Buy rating on The Kroger Co. (NYSE:KR) and set a price target of $82.00.
The Kroger Co. reported in its fiscal Q2 2025 results that identical sales without fuel rose 3.4%, eCommerce sales rose 16%, and operating profit for the quarter reached $863 million.
The company also reported an adjusted FIFO operating profit of $1.091 billion and adjusted EPS of $1.04.
The Kroger Co. is a food and drug retailer that operates supermarkets, fulfillment centers, and multi-department stores. Its brand portfolio includes Smart Way, Big K, Heritage Farm, Simple Truth Organic, and Simple Truth.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
This article is originally published at Insider Monkey.
