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

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) was downgraded by research analysts at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a report issued on Thursday, May 8th,Zacks.com reports.

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

Koninklijke Ahold Delhaize Stock Up 0.2%

Shares of ADRNY stock traded up €0.10 ($0.11) during trading hours on Thursday, reaching €40.46 ($45.46). 50,600 shares of the company's stock were exchanged, compared to its average volume of 120,923. Koninklijke Ahold Delhaize has a 1 year low of €29.51 ($33.16) and a 1 year high of €42.85 ($48.15). The stock has a market cap of $36.96 billion, a PE ratio of 19.83, a PEG ratio of 1.82 and a beta of 0.54. The stock's fifty day moving average price is €38.61 and its two-hundred day moving average price is €35.88. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.35.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported €0.65 ($0.73) earnings per share for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. Research 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.