Koninklijke Ahold Delhaize NV (AD) Receives Average Rating of “Buy” from Analysts

Koninklijke Ahold Delhaize NV (AMS:AD) has been given a consensus rating of “Buy” by the twelve analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is €19.96 ($23.48).

AD has been the topic of several recent analyst reports. BNP Paribas set a €20.50 ($24.12) price objective on shares of Koninklijke Ahold Delhaize NV and gave the company a “buy” rating in a research note on Monday, June 19th. Citigroup Inc. set a €22.00 ($25.88) price objective on shares of Koninklijke Ahold Delhaize NV and gave the company a “buy” rating in a research note on Tuesday, June 13th. Morgan Stanley set a €21.00 ($24.71) price objective on shares of Koninklijke Ahold Delhaize NV and gave the company a “buy” rating in a research note on Tuesday, June 27th. J P Morgan Chase & Co set a €26.00 ($30.59) price objective on shares of Koninklijke Ahold Delhaize NV and gave the company a “buy” rating in a research note on Friday, June 16th. Finally, Goldman Sachs Group, Inc. (The) set a €23.30 ($27.41) price objective on shares of Koninklijke Ahold Delhaize NV and gave the company a “buy” rating in a research note on Monday, July 17th.

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Koninklijke Ahold Delhaize NV (AD) traded down 0.338% during mid-day trading on Tuesday, hitting €17.705. 6,687,952 shares of the stock traded hands. Koninklijke Ahold Delhaize NV has a 12 month low of €15.84 and a 12 month high of €22.20. The stock’s 50 day moving average is €17.05 and its 200-day moving average is €19.07.

Koninklijke Ahold Delhaize NV 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.