Evercore ISI analyst Michael Montani maintained a Hold rating on Albertsons Companies yesterday and set a price target of $22.00. The company’s shares closed yesterday at $19.21.
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According to TipRanks, Montani is a 2-star analyst with an average return of 0.2% and a 53.66% success rate. Montani covers the Consumer Defensive sector, focusing on stocks such as Dollar Tree, Sprouts Farmers, and Dollar General.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albertsons Companies with a $22.64 average price target, which is a 17.86% upside from current levels. In a report released yesterday, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $20.50 price target.
ACI market cap is currently $10.55B and has a P/E ratio of 11.37.
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- Albertsons Announces $750M Share Buyback Agreement
- Albertsons price target lowered to $22 from $24 at BofA
- Albertsons Companies: Strong Growth Potential and Resilience Amidst Industry Challenges
- Albertsons Companies: Hold Rating Amidst Stabilized EBITDA, Growth Challenges, and Strategic Financial Moves
- Albertsons price target lowered to $25 from $27 at UBS