Ahold NV (OTCMKTS:ADRNY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Ahold NV (OTCMKTS:ADRNY) have earned a consensus recommendation of “Buy” from the five ratings firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have issued a strong buy recommendation on the company.

ADRNY has been the topic of a number of research analyst reports. UBS Group raised shares of Ahold from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th. Zacks Research downgraded Ahold from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. Finally, Kepler Capital Markets raised Ahold from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th.

Ahold Stock Up 1.1%

Ahold stock opened at €38.96 on Monday. The firm has a market cap of $34.77 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 2.22 and a beta of 0.49. Ahold has a 52-week low of €32.25 and a 52-week high of €43.26. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.42 and a current ratio of 0.70. The firm has a 50 day moving average price of €40.37 and a two-hundred day moving average price of €40.65.

Ahold (OTCMKTS:ADRNY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported €0.78 earnings per share for the quarter. Ahold had a net margin of 2.25% and a return on equity of 16.23%. Equities analysts predict that Ahold will post 2.84 EPS for the current year.

Ahold Company Profile

Ahold Delhaize (often shortened to Ahold) is an international retail grocery group that operates supermarkets, online grocery platforms and related food retail services. The company’s operations span both brick-and-mortar stores and digital channels, offering a mix of fresh foods, packaged groceries, household goods and private-label products. Its business model combines local store networks with centralized purchasing, distribution and supply-chain capabilities to serve everyday consumer needs.

The firm was formed through the 2016 merger of Koninklijke Ahold and Delhaize Group, creating a combined network of banners and ecommerce platforms across multiple geographies.