Delhaize Group (DEG) Reaches New 12-Month High at $28.45
Delhaize Group (NYSE:DEG) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $28.45 and last traded at $28.17, with a volume of 117,150 shares changing hands. The stock had previously closed at $28.13.
A number of equities research analysts have issued reports on the company. Zacks Investment Research downgraded Delhaize Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 28th. BNP Paribas downgraded Delhaize Group from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 29th.
The company has a market capitalization of $11.69 billion and a P/E ratio of 23.56. The firm has a 50 day moving average of $26.60 and a 200 day moving average of $25.85.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.