Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Stock Rating Upgraded by Exane BNP Paribas

Koninklijke Ahold Delhaize (OTCMKTS:ADRNYGet Rating) was upgraded by Exane BNP Paribas from an “underperform” rating to a “neutral” rating in a note issued to investors on Thursday, The Fly reports.

ADRNY has been the topic of a number of other reports. Oddo Bhf upgraded shares of Koninklijke Ahold Delhaize from a “neutral” rating to an “outperform” rating and set a €31.00 ($32.63) price target on the stock in a research report on Friday, February 18th. UBS Group set a €32.00 ($33.68) target price on shares of Koninklijke Ahold Delhaize in a report on Tuesday, March 15th. Zacks Investment Research downgraded shares of Koninklijke Ahold Delhaize from a “buy” rating to a “hold” rating in a report on Tuesday, February 1st. The Goldman Sachs Group set a €30.50 ($32.11) target price on shares of Koninklijke Ahold Delhaize in a report on Wednesday, February 16th. Finally, Jefferies Financial Group set a €30.00 ($31.58) target price on shares of Koninklijke Ahold Delhaize in a report on Monday, April 11th. Nine equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Koninklijke Ahold Delhaize has a consensus rating of “Hold” and a consensus price target of $31.26.

Shares of OTCMKTS:ADRNY opened at $27.37 on Thursday. The company has a market capitalization of $28.66 billion, a price-to-earnings ratio of 10.61, a P/E/G ratio of 1.97 and a beta of 0.40. The firm’s 50 day simple moving average is $30.47 and its 200 day simple moving average is $32.02. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.41. Koninklijke Ahold Delhaize has a fifty-two week low of $27.18 and a fifty-two week high of $35.63.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNYGet Rating) last announced its quarterly earnings results on Wednesday, February 16th. The company reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. The business had revenue of $23.04 billion for the quarter, compared to the consensus estimate of $22.63 billion. Koninklijke Ahold Delhaize had a net margin of 2.97% and a return on equity of 16.97%. Equities research analysts expect that Koninklijke Ahold Delhaize will post 2.42 earnings per share for the current year.

Koninklijke Ahold Delhaize Company Profile (Get Rating)

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce primarily in the United States and Europe. Its store formats include supermarkets, convenience stores, drugstores, and hypermarkets. It also subleases its stores to franchisees. As of January 2, 2022, it operated 7,452 stores primarily under local brands serving approximately 55 million customers, as well as online.

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