Ahold NV (OTCMKTS:ADRNY) Receives Consensus Recommendation of “Buy” from Brokerages

Ahold NV (OTCMKTS:ADRNY) has been given an average rating of “Buy” by the five brokerages that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.

Several research firms have recently weighed in on ADRNY. Zacks Research cut Ahold from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Kepler Capital Markets raised shares of Ahold from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Jefferies Financial Group upgraded shares of Ahold from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Finally, UBS Group upgraded shares of Ahold from a “strong sell” rating to a “hold” rating in a report on Thursday, October 16th.

Ahold Price Performance

Shares of ADRNY stock opened at €40.94 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.70 and a debt-to-equity ratio of 0.33. Ahold has a 12-month low of €31.64 and a 12-month high of €43.26. The firm has a fifty day moving average of €41.40 and a 200-day moving average of €40.99. The firm has a market capitalization of $36.96 billion, a price-to-earnings ratio of 16.31, a price-to-earnings-growth ratio of 1.86 and a beta of 0.48.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, November 5th. The company reported €0.78 earnings per share for the quarter. Ahold had a return on equity of 16.23% and a net margin of 2.25%. On average, equities research analysts forecast that Ahold will post 2.84 earnings per share for the current year.

About Ahold

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.