Ahold NV (OTCMKTS:ADRNY) Rating Increased to Strong-Buy at Zacks Investment Research
Ahold NV (OTCMKTS:ADRNY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday. The brokerage currently has a $23.00 price target on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 16.87% from the company’s previous close.
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. “
Ahold NV (ADRNY) traded down 0.56% during midday trading on Monday, reaching $19.68. The company had a trading volume of 71,787 shares. Ahold NV has a 52-week low of $17.77 and a 52-week high of $24.75.
About Ahold NV
Koninklijke Ahold Delhaize N.V., formerly Koninklijke Ahold N.V., is engaged in the operation of retail stores in Europe and the United States. The Company’s segments are Ahold USA, Delhaize America, The Netherlands, Belgium, and Central and Southeastern Europe (CSE). In addition, Other retail, consists of Ahold Delhaize’s unconsolidated joint ventures JMR – Gestao de Empresas de Retalho, SGPS, SA (JMR) and P.T.
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