Analysts Are Neutral on These Services Stocks: KR, GWW

By Austin Angelo

Analysts fell to the sidelines weighing in on Kroger Company (NYSE: KR) and WW Grainger (NYSE: GWW) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Kroger Company (NYSE: KR)

In a report released yesterday, Kelly Bania from BMO Capital reiterated a Hold rating on Kroger Company (NYSE: KR), with a price target of $32. The company’s shares opened today at $29.88.

According to TipRanks.com, Bania is a 1-star analyst with an average return of -3.8% and a 44.8% success rate. Bania covers the Services sector, focusing on stocks such as Performance Food Group, The Chefs’ Warehouse, and United Natural Foods.

Kroger Company has an analyst consensus of Moderate Buy, with a price target consensus of $33.25.

WW Grainger (NYSE: GWW)

BMO Capital analyst Scott Graham reiterated a Hold rating on WW Grainger (NYSE: GWW) yesterday and set a price target of $198. The company’s shares opened today at $195.95.

According to TipRanks.com, Graham is a 4-star analyst with an average return of 5.8% and a 64.4% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Nuverra Environmental Solutions Inc, Thermon Group Holdings Inc, and Gorman-Rupp Company.

Currently, the analyst consensus on WW Grainger is Hold and the average price target is $220.75, representing a 12.7% upside.

In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $210 price target.

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