RBC Boosts Albertsons' Price Target Amid Growth Strategy, But Will It Overcome the Kroger Fallout?

GuruFocus.com12-18

RBC Capital Markets just bumped up its price target for Albertsons (NYSE:ACI) to $22, up from $21, while sticking to its Outperform rating. The move follows an investor meeting where Albertsons' top ...

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The move follows an investor meeting where Albertsons' top ...</p>\n\n<a href=\"https://finance.yahoo.com/news/rbc-boosts-albertsons-price-target-171810927.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RBC Boosts Albertsons' Price Target Amid Growth Strategy, But Will It Overcome the Kroger Fallout?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRBC Boosts Albertsons' Price Target Amid Growth Strategy, But Will It Overcome the Kroger Fallout?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 01:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/rbc-boosts-albertsons-price-target-171810927.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>RBC Capital Markets just bumped up its price target for Albertsons (NYSE:ACI) to $22, up from $21, while sticking to its Outperform rating. The move follows an investor meeting where Albertsons' top ...</p>\n\n<a href=\"https://finance.yahoo.com/news/rbc-boosts-albertsons-price-target-171810927.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ACI","symbol_name":"艾伯森","start_time":0,"source_url":"https://finance.yahoo.com/news/rbc-boosts-albertsons-price-target-171810927.html","article_id":"2492998096","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kX90LJ_7xtWO_7Zkvi2wug--~B/aD0zOTt3PTI1MDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/us.finance.gurufocus/2e9b40c2e9bbc4086918746ee73525b7"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492998096","pubTimestamp":1734455890,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"RBC Capital Markets just bumped up its price target for Albertsons  to $22, up from $21, while sticking to its Outperform rating. The move follows an investor meeting where Albertsons' top brass doubled down on driving growth through internal improvements instead of flashy external plays. RBC analysts came away impressed, raising their identical sales  projection for Q3 to 1.8% and nudging the adjusted EBITDA estimate to $1.03 billion. Looking ahead, their outlook for 2025 and 2026 remains solid, with margin gains and reinvestments holding the line.But let's not forget the elephant in the roomthe messy fallout from Albertsons' failed $20 billion merger with Kroger . Newly unsealed court docs paint a picture of Kroger dragging its feet on divestitures, allegedly sinking the deal with a bad case of buyer's remorse. Albertsons is now gunning for $6 billion in damages, saying the botched deal cost shareholders a hefty premium. Add two years of regulatory purgatory to the mix, and Albertson","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"ACI":"艾伯森","KR":"克罗格"},"translate_title":"加拿大皇家银行在增长战略中提高了艾伯森的价格目标，但它能克服克罗格的影响吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KR":1,"ACI":0.9},"content_text":"RBC Capital Markets just bumped up its price target for Albertsons (NYSE:ACI) to $22, up from $21, while sticking to its Outperform rating. The move follows an investor meeting where Albertsons' top brass doubled down on driving growth through internal improvements instead of flashy external plays. RBC analysts came away impressed, raising their identical sales (ID sales) projection for Q3 to 1.8% and nudging the adjusted EBITDA estimate to $1.03 billion. Looking ahead, their outlook for 2025 and 2026 remains solid, with margin gains and reinvestments holding the line.\n\nBut let's not forget the elephant in the roomthe messy fallout from Albertsons' failed $20 billion merger with Kroger (NYSE:KR). Newly unsealed court docs paint a picture of Kroger dragging its feet on divestitures, allegedly sinking the deal with a bad case of buyer's remorse. Albertsons is now gunning for $6 billion in damages, saying the botched deal cost shareholders a hefty premium. Add two years of regulatory purgatory to the mix, and Albertsons' growth planslike scaling its digital ads businesshave been stuck in neutral. All this while discount giants Aldi and Lidl keep eating away at market share.\nWith the merger dead and buried, Albertsons is regrouping. A $2 billion share buyback program and juiced-up dividends are on deck to keep investors happy. RBC's new $22 price target, pegged at 5x Albertsons' updated 2026 EBITDA estimate of $3.99 billion, suggests the grocer is still in the game. Kroger, meanwhile, is playing its own tune with a $7.5 billion stock repurchase plan. For investors, Albertsons' renewed focus on the basicsand its potential to close the valuation gap with rivalsmakes it a story worth watching.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492998096"}