Delhaize Group (DEG) Reaches New 12-Month High at $28.35
Delhaize Group (NYSE:DEG)’s share price reached a new 52-week high on Thursday . The stock traded as high as $28.35 and last traded at $28.21, with a volume of 39,099 shares. The stock had previously closed at $27.88.
A number of research analysts recently weighed in on the company. Zacks Investment Research cut Delhaize Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 28th. BNP Paribas cut Delhaize Group from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 29th.
The firm’s 50 day moving average is $26.29 and its 200 day moving average is $25.73. The stock has a market capitalization of $11.72 billion and a PE ratio of 23.72.
Delhaize Group SA, formerly Etablissements Delhaize Freres Et Cie Le Lion (Groupe Delhaize) SA, formerly Delhaize Group SA is a Belgium-based food retailer. The Company groups its operations into three segments: the United States; Belgium and Southeastern Europe (SEE). The Company is principally engaged in the operation of supermarkets in Belgium, the United States (Northeast and Mid-Atlantic), Luxembourg, Greece, Serbia, Romania and Indonesia.
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