Koninklijke Ahold Delhaize NV (AD) Given Consensus Recommendation of “Buy” by Brokerages

Koninklijke Ahold Delhaize NV (AMS:AD) has been assigned a consensus rating of “Buy” from the fifteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is €19.51 ($24.09).

A number of research analysts have weighed in on AD shares. Deutsche Bank set a €19.50 ($24.07) target price on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a report on Monday, October 23rd. Macquarie set a €14.00 ($17.28) price objective on Koninklijke Ahold Delhaize and gave the company a “sell” rating in a research report on Friday, October 20th. Goldman Sachs Group set a €20.20 ($24.94) price target on Koninklijke Ahold Delhaize and gave the company a “buy” rating in a report on Friday, January 5th. JPMorgan Chase & Co. set a €20.00 ($24.69) price target on Koninklijke Ahold Delhaize and gave the company a “buy” rating in a report on Wednesday, October 11th. Finally, UBS Group set a €17.00 ($20.99) price objective on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a research note on Monday, December 4th.

Koninklijke Ahold Delhaize (AMS AD) traded down €0.31 ($0.38) during mid-day trading on Tuesday, hitting €17.79 ($21.96). The company’s stock had a trading volume of 7,330,000 shares, compared to its average volume of 5,830,000. Koninklijke Ahold Delhaize has a 1 year low of €14.72 ($18.17) and a 1 year high of €20.88 ($25.78). The stock has a market cap of $22,190.00 and a P/E ratio of 18.34.

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Koninklijke Ahold Delhaize Company Profile

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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