BofA Securities resumed coverage on Albertsons with a new price target
$ACI
Food Chains
Consumer Staples
BofA Securities resumed coverage of Albertsons with a rating of Neutral and set a new price target of $22.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $21.00 → $26.00 | Market Perform → Outperform | Telsey Advisory Group |
| 12/13/2024 | $22.00 | Neutral | BofA Securities |
| 10/21/2024 | $24.00 | Hold → Buy | Melius |
| 10/18/2024 | $22.00 → $23.00 | Equal Weight → Overweight | Wells Fargo |
| 4/23/2024 | $24.00 | Neutral → Buy | ROTH MKM |
| 4/26/2023 | $32.00 → $27.00 | Neutral → Buy | Tigress Financial |
| 12/6/2022 | $26.00 | Outperform | Bernstein |
| 10/20/2022 | Buy → Hold | Deutsche Bank |
10-Q - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
8-K - Albertsons Companies, Inc. (0001646972) (Filer)
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today reported results for the third quarter of fiscal 2024, which ended November 30, 2024. Third Quarter of Fiscal 2024 Highlights Identical sales increased 2.0% Digital sales increased 23% Loyalty members increased 15% to 44.3 million Net income of $401 million, or $0.69 per share Adjusted net income of $420 million, or $0.71 per share Adjusted EBITDA of $1,065 million Increased quarterly common stock dividend by 25% to $0.15 per share "We delivered solid operating and financial performance in the third quarter of fiscal 2024 in an environment where the consumer remains cautious," said Vivek Sankaran, CEO. "In
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today announced its Board of Directors has declared a cash dividend for the fourth quarter of fiscal 2024 of $0.15 per share of common stock. The cash dividend is payable on February 7, 2025, to stockholders of record as of the close of business on January 24, 2025. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of November 30, 2024, the Company operated 2,273 retail food and drug stores with 1,732 pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Colu
Albertsons Media Collective, the retail media arm for Albertsons Companies, Inc. (NYSE:ACI), today announced the launch of an API that will enable advertisers to integrate Albertsons Cos. campaign performance data into their own measurement models for analysis. Complementing these efforts, Albertsons Media Collective is partnering with TransUnion to offer its advertisers TruAudience® marketing mix modeling (MMM) measurement to unlock ease and efficiency in comparing performance across retailers and channels. "While retail media has seen incredible opportunity in expanded offerings to off-site channels, this landscape can also come with complexities for advertisers in understanding their r
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today reported results for the third quarter of fiscal 2024, which ended November 30, 2024. Third Quarter of Fiscal 2024 Highlights Identical sales increased 2.0% Digital sales increased 23% Loyalty members increased 15% to 44.3 million Net income of $401 million, or $0.69 per share Adjusted net income of $420 million, or $0.71 per share Adjusted EBITDA of $1,065 million Increased quarterly common stock dividend by 25% to $0.15 per share "We delivered solid operating and financial performance in the third quarter of fiscal 2024 in an environment where the consumer remains cautious," said Vivek Sankaran, CEO. "In
Albertsons Companies, Inc. (NYSE:ACI) (the "Company") today announced its Board of Directors has declared a cash dividend for the fourth quarter of fiscal 2024 of $0.15 per share of common stock. The cash dividend is payable on February 7, 2025, to stockholders of record as of the close of business on January 24, 2025. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of November 30, 2024, the Company operated 2,273 retail food and drug stores with 1,732 pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Colu
Albertsons Companies, Inc. (NYSE:ACI) will release financial results for the third quarter of fiscal 2024, which ended November 30, 2024, before the market opens on Wednesday, January 8, 2025. ACI will host a conference call that day at 8:30 a.m. Eastern Time. The conference call will be available at the following address by accessing the "Events & Presentations" link included therein: http://albertsonscompanies.com/investors A replay of the conference call will be available for approximately two weeks following completion of the call. About Albertsons Companies Albertsons Companies is a leading food and drug retailer in the United States. As of September 7, 2024, the Company operat
Customers, associates and partners are invited to donate time and skills to collectively reach one million volunteer hours Albertsons Companies, Inc. (NYSE:ACI), in collaboration with the Albertsons Companies Foundation, today announced the Million Hour Volunteer Rally to help neighbors in need. Customers, associates and partners are invited to join the company's Nourishing Neighbors charitable program on the mission to end hunger by collectively contributing one million volunteer hours to various nonprofit organizations across the country. Now through Oct. 31, customers who volunteer and record their hours during this campaign will have the opportunity to win a grand prize of free groceri
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SC 13G - Albertsons Companies, Inc. (0001646972) (Subject)
SC 13G/A - Albertsons Companies, Inc. (0001646972) (Subject)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
4 - Albertsons Companies, Inc. (0001646972) (Issuer)
Telsey Advisory Group upgraded Albertsons from Market Perform to Outperform and set a new price target of $26.00 from $21.00 previously
BofA Securities resumed coverage of Albertsons with a rating of Neutral and set a new price target of $22.00
Melius upgraded Albertsons from Hold to Buy and set a new price target of $24.00