Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Downgraded to Hold Rating by Kepler Capital Markets

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) was downgraded by stock analysts at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, The Goldman Sachs Group upgraded Koninklijke Ahold Delhaize to a "strong-buy" rating in a research report on Thursday, March 13th.

Koninklijke Ahold Delhaize Price Performance

OTCMKTS ADRNY traded down €1.14 ($1.27) during trading on Thursday, hitting €40.25 ($44.72). 76,700 shares of the stock traded hands, compared to its average volume of 122,455. The firm has a 50-day simple moving average of €38.46 and a 200-day simple moving average of €35.78. Koninklijke Ahold Delhaize has a 12-month low of €29.51 ($32.79) and a 12-month high of €42.85 ($47.61). The company has a quick ratio of 0.49, a current ratio of 0.79 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $36.77 billion, a P/E ratio of 19.73, a price-to-earnings-growth ratio of 1.82 and a beta of 0.54.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported €0.65 ($0.72) earnings per share (EPS) for the quarter. Koninklijke Ahold Delhaize had a return on equity of 15.81% and a net margin of 1.97%. As a group, analysts predict that Koninklijke Ahold Delhaize will post 2.84 EPS for the current year.

Koninklijke Ahold Delhaize Company Profile

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.