Koninklijke Ahold (ADRNY) Lowered to Hold at Deutsche Bank AG
Koninklijke Ahold (NASDAQ:ADRNY) was downgraded by Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.
A number of other brokerages have also recently issued reports on ADRNY. Exane BNP Paribas upgraded shares of Koninklijke Ahold from a “neutral” rating to an “outperform” rating in a research note on Tuesday, October 4th. Zacks Investment Research cut shares of Koninklijke Ahold from a “hold” rating to a “sell” rating in a research note on Monday, September 5th.
Shares of Koninklijke Ahold (NASDAQ:ADRNY) opened at 21.042 on Friday. Koninklijke Ahold has a 12-month low of $20.95 and a 12-month high of $30.00. The company’s 50-day moving average is $0.00 and its 200-day moving average is $0.00.
About Koninklijke Ahold
Koninklijke Ahold N.V. (Ahold) is engaged in the operation of retail stores in Europe and the United States through subsidiaries and joint ventures. The Company operates through three segments: Ahold USA, The Netherlands and Czech Republic. In addition, Other retail consisting of Ahold’s joint venture JMR and Ahold’s Corporate Center.
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