Analysts Set Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) PT at $30.38

Koninklijke Ahold Delhaize (OTCMKTS:ADRNYGet Rating) has received an average recommendation of “Hold” from the fifteen analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $30.38.

Several equities analysts have recently issued reports on ADRNY shares. Credit Suisse Group boosted their target price on Koninklijke Ahold Delhaize from €25.00 ($26.04) to €26.00 ($27.08) in a research note on Friday, February 18th. The Goldman Sachs Group set a €30.50 ($31.77) target price on Koninklijke Ahold Delhaize in a research note on Wednesday, February 16th. Jefferies Financial Group set a €30.00 ($31.25) target price on Koninklijke Ahold Delhaize in a research note on Monday, April 11th. Oddo Bhf raised Koninklijke Ahold Delhaize from a “neutral” rating to an “outperform” rating and set a €31.00 ($32.29) target price on the stock in a research note on Friday, February 18th. Finally, Barclays set a €31.00 ($32.29) target price on Koninklijke Ahold Delhaize in a research note on Monday, April 11th.

Shares of Koninklijke Ahold Delhaize stock opened at $27.21 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.68 and a quick ratio of 0.41. The business’s 50 day simple moving average is $29.59 and its two-hundred day simple moving average is $31.58. The stock has a market capitalization of $28.49 billion, a P/E ratio of 10.67, a price-to-earnings-growth ratio of 1.91 and a beta of 0.40. Koninklijke Ahold Delhaize has a one year low of $27.18 and a one year 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 EPS for the quarter, hitting analysts’ consensus estimates of $0.67. The business had revenue of $23.04 billion for the quarter, compared to analysts’ expectations of $22.63 billion. Koninklijke Ahold Delhaize had a return on equity of 16.60% and a net margin of 2.91%. Sell-side analysts expect that Koninklijke Ahold Delhaize will post 2.41 earnings per share for the current fiscal year.

The business also recently announced a dividend, which was paid on Thursday, April 28th. Shareholders of record on Wednesday, April 20th were issued a $0.4683 dividend. This represents a yield of 2.81%. The ex-dividend date was Tuesday, April 19th. Koninklijke Ahold Delhaize’s dividend payout ratio (DPR) is 36.08%.

About Koninklijke Ahold Delhaize (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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Analyst Recommendations for Koninklijke Ahold Delhaize (OTCMKTS:ADRNY)

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