Brokerages Set Koninklijke Ahold (OTCMKTS:ADRNY) Target Price at $17.70

Shares of Koninklijke Ahold (OTCMKTS:ADRNY) have earned a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $17.70.

A number of analysts have weighed in on ADRNY shares. Berenberg Bank restated a “sell” rating and issued a $17.70 target price on shares of Koninklijke Ahold in a research report on Friday, August 9th. Deutsche Bank reaffirmed a “neutral” rating on shares of Koninklijke Ahold in a research note on Monday, June 17th. Finally, Zacks Investment Research raised shares of Koninklijke Ahold from a “sell” rating to a “hold” rating in a research note on Friday.

Shares of OTCMKTS ADRNY traded up $0.44 during trading hours on Friday, hitting $25.08. 983,175 shares of the stock were exchanged, compared to its average volume of 76,462. Koninklijke Ahold has a 1-year low of $21.98 and a 1-year high of $26.95. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.56 and a current ratio of 0.82. The company has a market cap of $26.96 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 2.02 and a beta of 0.26. The company’s fifty day simple moving average is $24.38 and its two-hundred day simple moving average is $23.75.

Koninklijke Ahold (OTCMKTS:ADRNY) last issued its earnings results on Wednesday, August 7th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.01. Koninklijke Ahold had a net margin of 2.73% and a return on equity of 13.56%. The firm had revenue of $18.33 billion for the quarter, compared to analyst estimates of $18.19 billion. As a group, sell-side analysts expect that Koninklijke Ahold will post 1.77 EPS for the current fiscal year.

Koninklijke Ahold Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores primarily in the United States and Europe. The company's store formats include supermarkets, convenience stores, compact hypermarkets, cash and carry, drugstores, hypermarkets, and wine and liquor stores. As of December 30, 2018, it operated 6,769 stores primarily under 19 brands serving approximately 50 million customers, as well as online.

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Analyst Recommendations for Koninklijke Ahold (OTCMKTS:ADRNY)

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