In a report released today, Thomas Palmer from J.P. Morgan maintained a Buy rating on Albertsons Companies, with a price target of $24.00. The company’s shares opened today at $19.17.
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Palmer covers the Consumer Defensive sector, focusing on stocks such as General Mills, McCormick & Company, and Albertsons Companies. According to TipRanks, Palmer has an average return of -1.6% and a 42.86% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Albertsons Companies with a $22.46 average price target, which is a 17.16% upside from current levels. In a report released yesterday, Telsey Advisory also maintained a Buy rating on the stock with a $24.00 price target.
The company has a one-year high of $23.20 and a one-year low of $16.70. Currently, Albertsons Companies has an average volume of 6.48M.
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Disclaimer & DisclosureReport an Issue
- 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
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