Koninklijke Ahold Delhaize NV (AD) PT Set at €18.00 by Societe Generale

Koninklijke Ahold Delhaize NV (AMS:AD) has been given a €18.00 ($20.00) price target by Societe Generale in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock.

Other research analysts have also recently issued research reports about the company. Morgan Stanley set a €23.00 ($25.56) price target on Koninklijke Ahold Delhaize NV and gave the stock a “buy” rating in a research report on Friday. J P Morgan Chase & Co set a €26.00 ($28.89) price target on Koninklijke Ahold Delhaize NV and gave the stock a “buy” rating in a research report on Friday. Citigroup Inc. set a €22.00 ($24.44) price target on Koninklijke Ahold Delhaize NV and gave the stock a “buy” rating in a research report on Tuesday, June 13th. BNP Paribas set a €20.50 ($22.78) price target on Koninklijke Ahold Delhaize NV and gave the stock a “buy” rating in a research report on Monday. Finally, HSBC Holdings plc set a €17.50 ($19.44) price target on Koninklijke Ahold Delhaize NV and gave the stock a “neutral” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €20.21 ($22.46).

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

Shares of Koninklijke Ahold Delhaize NV (AMS:AD) opened at 16.395 on Tuesday. The stock 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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