Koninklijke Ahold (ADRNY) Stock Rating Lowered by Zacks Investment Research
Koninklijke Ahold (NASDAQ:ADRNY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Monday.
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. “
Separately, Exane BNP Paribas raised shares of Koninklijke Ahold from a “neutral” rating to an “outperform” rating in a research note on Tuesday, October 4th.
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Shares of Koninklijke Ahold (NASDAQ:ADRNY) traded down 0.40% on Monday, hitting $22.30. 114,014 shares of the stock traded hands. Koninklijke Ahold has a 52 week low of $20.82 and a 52 week high of $30.00.
Koninklijke Ahold Company Profile
Koninklijke Ahold N.V. (Ahold) is engaged in the operation of retail stores in Europe and the United States through subsidiaries and joint ventures. The Company operates through three segments: Ahold USA, The Netherlands and Czech Republic. In addition, Other retail consisting of Ahold’s joint venture JMR and Ahold’s Corporate Center.
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