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0.00028810141169686 0 -0.00201670988187843 -0.00201670988187843 -0.00201670988187843 -0.00201670988187843 -0.00201670988187843 -0.00201670988187843
Stock impact report

Positive Outlook for Albertsons Companies (ACI) Amid Industry-Wide Growth [Yahoo! Finance]

Albertsons Companies, Inc. Class A (ACI) 
US:NYSE Investor Relations: investor.archcoal.com
Company Research Source: Yahoo! Finance
On December 31, Joe Feldman from Telsey Advisory reaffirmed his outperform rating for Albertsons Companies (NYSE:ACI), with a target price of $24. As per Feldman's estimates, the stock now offers an upside potential of over 44%. LADO/Shutterstock.com The analyst has forecasted over $1 billion in adjusted EBITDA based on 2.5% growth in identical store sales. He also projected an adjusted EPS of $0.68 amid easing inflation, elevating demand for private brands and digital product offerings. Feldman noted that the financial impact of such factors will be offset to some extent by cash outlays on pricing, workforce, and technology. However, there is enough reason for him to remain optimistic about the pharmacy business. Feldman also noted some encouraging industry-wide growth figures across other relevant areas, such as low-single digit increments in the broader grocery industry and 2%-3% growth in U.S. Food & Beverages retail sales. This leads to a promising outlook on relevant indu Show less Read more
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