UBS Maintains a Hold Rating on The Kroger Co (KR)
The Kroger Co. (NYSE:KR) is one of the Blue Chip Stocks to Buy with the Lowest PE Ratios. On September 5, Michael Lasser of UBS maintained a Hold rating on The Kroger Co. (NYSE:KR) with a price target of $74. The analyst noted that he sees the company taking steps towards improving its operations under the interim CEO, Ron Sargent. These include enhancing store offerings, e-commerce, and pricing strategies. However, analyst Lasser believes that the company faces strong competition from Walmart, Costco, an ...