Koninklijke Ahold Delhaize (AD) Given a €20.50 Price Target by Sanford C. Bernstein Analysts

Koninklijke Ahold Delhaize (AMS:AD) received a €20.50 ($24.40) price objective from analysts at Sanford C. Bernstein in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 11.17% from the company’s current price.

A number of other research firms have also issued reports on AD. set a €17.50 ($20.83) price target on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a report on Thursday, November 9th. Deutsche Bank set a €19.50 ($23.21) price target on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a report on Thursday, November 9th. Barclays set a €19.00 ($22.62) price target on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a report on Monday, January 22nd. UBS Group set a €17.00 ($20.24) price target on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a report on Thursday, December 14th. Finally, Goldman Sachs Group set a €20.20 ($24.05) price target on Koninklijke Ahold Delhaize and gave the stock a “buy” rating in a report on Friday, January 5th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. Koninklijke Ahold Delhaize presently has a consensus rating of “Buy” and a consensus price target of €19.51 ($23.23).

Shares of Koninklijke Ahold Delhaize (AD) traded up €0.07 ($0.08) during mid-day trading on Wednesday, hitting €18.44 ($21.95). The company’s stock had a trading volume of 5,220,000 shares, compared to its average volume of 5,700,000. The stock has a market capitalization of $22,990.00 and a price-to-earnings ratio of 19.01. Koninklijke Ahold Delhaize has a 12 month low of €14.72 ($17.52) and a 12 month high of €20.88 ($24.86).

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About Koninklijke Ahold Delhaize

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.

Analyst Recommendations for Koninklijke Ahold Delhaize (AMS:AD)

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