Zacks Investment Research downgraded shares of Ahold NV (OTCMKTS:ADRNY) from a buy rating to a hold rating in a report released on Monday morning.

According to Zacks, “Koninklijke Ahold Delhaize N.V. provides retail stores which offer food and non-food products primarily in the United States and Europe. The Company operates supermarkets, convenience stores, compact hypers, pick-up points and gasoline stations as well as specialty stores. Koninklijke Ahold Delhaize N.V., formerly known as Ahold N.V., is based in Zaandam, Netherlands. “

Ahold NV (OTCMKTS:ADRNY) opened at 17.83 on Monday. The company has a 50-day moving average of $19.46 and a 200-day moving average of $20.52. The firm has a market cap of $22.33 billion, a price-to-earnings ratio of 17.01 and a beta of 0.76. Ahold NV has a 1-year low of $17.65 and a 1-year high of $23.75.

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Ahold NV Company Profile

Koninklijke Ahold Delhaize N.V., formerly Koninklijke Ahold N.V., is engaged in the operation of retail stores in Europe and the United States. The Company’s segments are Ahold USA, Delhaize America, The Netherlands, Belgium, and Central and Southeastern Europe (CSE). In addition, Other retail, consists of Ahold Delhaize’s unconsolidated joint ventures JMR – Gestao de Empresas de Retalho, SGPS, SA (JMR) and P.T.

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