Koninklijke Ahold Delhaize NV (OTCMKTS:ADRNY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, May 8th.
According to Zacks, “Koninklijke Ahold Delhaize N.V. provides retail stores which offer food and non-food products primarily in the United States and Europe. The Company operates supermarkets, convenience stores, compact hypers, pick-up points and gasoline stations as well as specialty stores. Koninklijke Ahold Delhaize N.V., formerly known as Ahold N.V., is based in Zaandam, Netherlands. “
Separately, Credit Suisse Group AG began coverage on shares of Koninklijke Ahold Delhaize NV in a report on Monday, February 6th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $23.00.
Shares of Koninklijke Ahold Delhaize NV (OTCMKTS:ADRNY) opened at 22.15 on Monday. Koninklijke Ahold Delhaize NV has a one year low of $19.10 and a one year high of $30.00. The stock’s 50 day moving average price is $21.22 and its 200 day moving average price is $21.11. The company has a market cap of $28.01 billion, a PE ratio of 23.79 and a beta of 0.80.
Koninklijke Ahold Delhaize NV (OTCMKTS:ADRNY) last released its earnings results on Wednesday, May 10th. The company reported $0.32 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.32. Koninklijke Ahold Delhaize NV had a net margin of 2.12% and a return on equity of 13.32%. The firm had revenue of $16.91 billion during the quarter, compared to analyst estimates of $16.89 billion. Equities analysts predict that Koninklijke Ahold Delhaize NV will post $1.45 earnings per share for the current fiscal year.
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Koninklijke Ahold Delhaize NV Company Profile
Koninklijke Ahold Delhaize N.V., formerly Koninklijke Ahold N.V., is engaged in the operation of retail stores in Europe and the United States. The Company’s segments are Ahold USA, Delhaize America, The Netherlands, Belgium, and Central and Southeastern Europe (CSE). In addition, Other retail, consists of Ahold Delhaize’s unconsolidated joint ventures JMR – Gestao de Empresas de Retalho, SGPS, SA (JMR) and P.T.
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