Kepler Capital Markets set a €18.00 ($20.00) price objective on Koninklijke Ahold Delhaize NV (AMS:AD) in a research report report published on Monday morning. The firm currently has a neutral rating on the stock.

Several other brokerages have also issued reports on AD. Citigroup Inc. set a €22.00 ($24.44) target price on shares of Koninklijke Ahold Delhaize NV and gave the company a buy rating in a research note on Tuesday, June 13th. Macquarie set a €16.70 ($18.56) target price on shares of Koninklijke Ahold Delhaize NV and gave the company a sell rating in a research note on Tuesday, June 13th. Morgan Stanley set a €23.00 ($25.56) target price on shares of Koninklijke Ahold Delhaize NV and gave the company a buy rating in a research note on Friday. Finally, J P Morgan Chase & Co set a €26.00 ($28.89) target price on shares of Koninklijke Ahold Delhaize NV and gave the company a buy rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Hold and an average target price of €20.21 ($22.46).

Analyst Recommendations for Koninklijke Ahold Delhaize NV (AMS:AD)

Shares of Koninklijke Ahold Delhaize NV (AD) opened at 16.37 on Monday. The company has a 50 day moving average of €19.41 and a 200-day moving average of €19.65. Koninklijke Ahold Delhaize NV has a 12-month low of €16.33 and a 12-month high of €23.03.

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About Koninklijke Ahold Delhaize NV

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.

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