Ahold NV (OTCMKTS:ADRNY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Ahold NV (OTCMKTS:ADRNY) have received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

A number of analysts recently issued reports on ADRNY shares. Royal Bank Of Canada raised Ahold to a “hold” rating in a research report on Monday, July 6th. The Goldman Sachs Group cut shares of Ahold from a “strong-buy” rating to a “neutral” rating in a research report on Monday, June 1st.

Ahold Price Performance

ADRNY stock opened at €36.27 on Friday. The business has a fifty day moving average of €39.60 and a two-hundred day moving average of €43.52. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of 0.36. The stock has a market cap of $31.94 billion, a price-to-earnings ratio of 12.29, a price-to-earnings-growth ratio of 1.74 and a beta of 0.44. Ahold has a 52-week low of €32.25 and a 52-week high of €50.02.

Ahold (OTCMKTS:ADRNY) last posted its earnings results on Wednesday, August 5th. The company reported €0.74 EPS for the quarter, beating analysts’ consensus estimates of €0.72 by €0.02. Ahold had a return on equity of 16.70% and a net margin of 2.45%. As a group, research analysts anticipate that Ahold will post 3.15 earnings per share for the current year.

About Ahold

Ahold Delhaize (often shortened to Ahold) is an international retail grocery group that operates supermarkets, online grocery platforms and related food retail services. The company’s operations span both brick-and-mortar stores and digital channels, offering a mix of fresh foods, packaged groceries, household goods and private-label products. Its business model combines local store networks with centralized purchasing, distribution and supply-chain capabilities to serve everyday consumer needs.

The firm was formed through the 2016 merger of Koninklijke Ahold and Delhaize Group, creating a combined network of banners and ecommerce platforms across multiple geographies.