Ahold NV (OTCMKTS:ADRNY) Given Average Rating of “Buy” by Brokerages

Ahold NV (OTCMKTS:ADRNY) has been assigned an average rating of “Buy” from the five research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a strong buy rating to the company.

A number of research firms have issued reports on ADRNY. Kepler Capital Markets raised Ahold from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Jefferies Financial Group raised shares of Ahold from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Zacks Research cut shares of Ahold from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Finally, UBS Group raised shares of Ahold from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th.

Ahold Stock Performance

Shares of ADRNY stock opened at €39.57 on Thursday. The firm has a 50 day moving average of €40.94 and a two-hundred day moving average of €40.87. The stock has a market capitalization of $35.73 billion, a PE ratio of 15.76, a P/E/G ratio of 1.81 and a beta of 0.49. The company has a quick ratio of 0.42, a current ratio of 0.70 and a debt-to-equity ratio of 0.33. Ahold has a 52 week low of €32.75 and a 52 week high of €43.26.

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 return on equity of 16.23% and a net margin of 2.25%. On average, research analysts predict that Ahold will post 2.84 EPS for the current fiscal year.

About Ahold

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.