Ahold (OTCMKTS:ADRNY) Upgraded by UBS Group to "Hold" Rating

Key Points

• Ahold was upgraded by UBS Group from a "strong sell" to a "hold" rating, reflecting a more favorable outlook on the company's stock.
• The company has a market capitalization of $39.36 billion and a current ratio of 0.72, indicating its financial position in the retail sector.
• Analysts predict Ahold will post 2.84 EPS for the current fiscal year, demonstrating expectations for future earnings growth.

Ahold (OTCMKTS:ADRNY - Get Free Report) was upgraded by equities researchers at UBS Group from a "strong sell" rating to a "hold" rating in a report issued on Thursday,Zacks.com reports.

Other equities analysts also recently issued research reports about the company. Zacks Research downgraded Ahold from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 14th. Jefferies Financial Group upgraded Ahold from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 22nd. Two investment analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy".

Ahold Stock Performance

Shares of ADRNY stock opened at €43.23 on Thursday. The company has a market capitalization of $39.36 billion, a P/E ratio of 19.74, a P/E/G ratio of 1.89 and a beta of 0.49. The business's 50 day moving average is €40.47 and its two-hundred day moving average is €40.53. The company has a current ratio of 0.72, a quick ratio of 0.43 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.

Ahold (OTCMKTS:ADRNY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported €0.74 earnings per share (EPS) for the quarter. Ahold had a return on equity of 15.88% and a net margin of 2.02%. Analysts expect that Ahold will post 2.84 EPS for the current fiscal 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.

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