Ahold NV (OTCMKTS:ADRNY) Receives Average Rating of “Buy” from Analysts

Ahold NV (OTCMKTS:ADRNY) has earned a consensus rating of “Buy” from the five ratings firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

ADRNY has been the subject of a number of analyst reports. Kepler Capital Markets upgraded shares of Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. UBS Group raised shares of Ahold from a “strong sell” rating to a “hold” rating in a report on Thursday, October 16th. Zacks Research downgraded shares of Ahold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 14th. Finally, Jefferies Financial Group upgraded Ahold from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd.

Ahold Trading Down 0.9%

Shares of ADRNY stock opened at €41.14 on Wednesday. The company has a market capitalization of $37.14 billion, a P/E ratio of 18.79, a price-to-earnings-growth ratio of 1.85 and a beta of 0.47. The company has a current ratio of 0.72, a quick ratio of 0.43 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average is €41.11 and its two-hundred day moving average is €41.07. Ahold has a twelve month low of €31.64 and a twelve month high of €43.26.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings results on Wednesday, November 5th. The company reported €0.78 EPS for the quarter. Ahold had a return on equity of 15.88% and a net margin of 2.02%. Equities analysts forecast that Ahold will post 2.84 EPS for the current year.

About Ahold

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.