Ahold NV (OTCMKTS:ADRNY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Ahold NV (OTCMKTS:ADRNY) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

ADRNY has been the topic of several recent research reports. The Goldman Sachs Group cut Ahold from a “strong-buy” rating to a “neutral” rating in a report on Monday, June 1st. Royal Bank Of Canada upgraded shares of Ahold to a “hold” rating in a research report on Monday, July 6th.

Ahold Price Performance

Ahold stock opened at €36.87 on Wednesday. Ahold has a 52 week low of €32.25 and a 52 week high of €50.02. The business’s fifty day moving average is €38.11 and its two-hundred day moving average is €42.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.46 and a current ratio of 0.71. The firm has a market cap of $32.46 billion, a P/E ratio of 12.50, a P/E/G ratio of 1.77 and a beta of 0.41.

Ahold (OTCMKTS:ADRNY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported €0.74 earnings per share for the quarter, beating the consensus estimate of €0.72 by €0.02. Ahold had a net margin of 2.45% and a return on equity of 16.64%. Equities research analysts forecast that Ahold will post 3.15 earnings per share for the current fiscal year.

Ahold Company Profile

Ahold, now known as Koninklijke Ahold Delhaize N.V., is an international food retail and consumer services company formed through the 2016 merger of Dutch retailer Ahold and Belgian retailer Delhaize Group. Its operations focus primarily on supermarkets, convenience stores, online grocery platforms and complementary consumer businesses.

The company serves customers in the United States and Europe through a portfolio of local brands. Its businesses have included Albert Heijn and bol in the Netherlands; Delhaize in Belgium and Luxembourg; and Food Lion, Hannaford, Giant Food and other grocery brands in the United States.