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Koninklijke Ahold (NASDAQ:AHONY) was downgraded by stock analysts at Raymond James from an “outperform” rating to a “market perform” rating in a report issued on Wednesday.

Shares of Koninklijke Ahold (NASDAQ:AHONY) opened at 18.55 on Wednesday. Koninklijke Ahold has a 52-week low of $15.8275 and a 52-week high of $21.3417. The stock’s 50-day moving average is $19.18 and its 200-day moving average is $19.40. The company has a market cap of $16.823 billion and a P/E ratio of 5.25.

Koninklijke Ahold NV is a Netherlands-based retail group. Through its subsidiairies the Company operates supermarkets, liquor stores and drugstores in the Netherlands, Czech Republic, Slovakia, Sweden, Norway and the United States.

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