JP Morgan Reiterates Buy Rating on Albertsons Companies, Inc.
JP Morgan maintains its Buy rating for Albertsons with a target price of $20, a 47.17% upside from the current price.
Key Points
- JP Morgan reiterated its Buy rating on Albertsons Companies, Inc. (NYSE: ACI) with a price target of $20 on June 30, 2026.
- JP Morgan's $20 price target implies 47.17% upside from Albertsons Companies, Inc.'s ($ACI) current $13.59 share price.
- Albertsons shares traded at $13.20 on Tuesday, with a market cap of $6.66 billion and a P/E ratio of 33.98.
- Institutional investors like BlackRock and Vanguard have been active in ACI, with BlackRock increasing its stake by 14.1%.
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JP Morgan reiterated its Buy rating for Albertsons Companies, Inc. (NYSE: ACI) with a price target of $20. This update was made by analyst Thomas Palmer on June 30, 2026. Shares of Albertsons traded at $13.20 on Tuesday, reflecting the firm's positive outlook for the grocery retailer.
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Albertsons Companies, Inc. Stock Up 8.5%
Shares of NYSE:ACI traded near $13.20 on Tuesday. Albertsons Companies, Inc. has a market capitalization of approximately $6.66 billion. The company sports a P/E ratio of 33.98 and a forward P/E of 5.52, indicating a potentially higher future earnings growth. With a beta of 0.228, Albertsons' stock is less volatile compared to the broader market. Over the past 52 weeks, the stock has ranged between $13.31 and $22.78, with a 50-day moving average of $15.86 and a 200-day moving average of $17.18.
$ACI price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Albertsons reported revenue of about $83.17 billion with a growth of 7.7% year-over-year. The company's earnings per share (EPS) stood at $0.40, with a net margin of 0.26% and a return on equity (ROE) of 8.33%. Investors can expect the next earnings announcement on July 21, 2026.
Dividend
Albertsons pays an annual dividend of $0.68 per share, which translates to a yield of 5.0%. The company's dividend payout ratio is at 1.5, indicating it returns a significant portion of its earnings to shareholders.
Insider Buying and Selling at Albertsons Companies, Inc.
Recent insider activity at Albertsons includes sales by Anuj Dhanda, Chief Technology & Transformation Officer, and Sharon McCollam, President & CFO, on December 1, 2025. Both sold shares at an average price of $18.10. On the buying side, Michael Withers, EVP of Retail Operations West, and Sharon McCollam were among those purchasing shares in early May 2026.
Analysts Set New Price Targets
On June 30, 2026, JP Morgan maintained its Buy rating with a $20 price target. Citigroup also kept a Buy rating with a $17 target on June 29, while Wells Fargo targeted $18. The consensus among analysts is a Buy rating, with a mean target price of $20.94 based on 16 opinions.
About Albertsons Companies, Inc.
Albertsons Companies, Inc. is a leading grocery store operator in the United States, headquartered in Boise, Idaho. The company manages a vast network of retail stores offering groceries, pharmaceuticals, and fuel under various banners like Safeway, Vons, and Jewel-Osco. Led by CEO Susan D. Morris, Albertsons employs over 106,400 people and serves millions of customers nationwide.
Bottom Line
JP Morgan's reiteration of its Buy rating for Albertsons reflects a continued confidence in the company's market position and growth potential. Investors closely monitor such analyst updates as they can influence market sentiment. However, it's important to remember that these ratings are based on past performance and projections, and actual results may vary.
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