Citigroup Inc. Upgrades Koninklijke Ahold NV to “Buy” (KPN)
Koninklijke Ahold NV (EU:KPN) was upgraded by Citigroup Inc. to a “buy” rating in a research note issued on Friday, American Banking and Market News reports.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of Koninklijke Ahold NV from an “overweight” rating to a “neutral” rating in a research note to investors on Thursday, November 14th. Separately, analysts at ING Group raised their price target on shares of Koninklijke Ahold NV from €2.40 ($3.29) to €3.00 ($4.11) in a research note to investors on Thursday, November 14th. They now have a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Koninklijke Ahold NV currently has an average rating of “Buy” and a consensus target price of €12.00 ($16.44).
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