Kepler Capital Markets Upgrades Ahold (OTCMKTS:ADRNY) to Strong-Buy

Ahold (OTCMKTS:ADRNY) was upgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Several other research firms have also recently commented on ADRNY. UBS Group raised shares of Ahold from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th. Jefferies Financial Group raised Ahold from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Finally, Zacks Research downgraded Ahold from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Three research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Buy”.

Ahold Stock Performance

OTCMKTS:ADRNY opened at €41.58 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.43 and a current ratio of 0.72. Ahold has a fifty-two week low of €31.64 and a fifty-two week high of €43.26. The firm has a market cap of $37.54 billion, a PE ratio of 18.99, a price-to-earnings-growth ratio of 1.85 and a beta of 0.47. The business has a 50 day moving average price of €40.89 and a 200-day moving average price of €41.02.

Ahold (OTCMKTS:ADRNY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported €0.78 earnings per share (EPS) for the quarter. Ahold had a return on equity of 15.88% and a net margin of 2.02%. Equities research analysts predict that Ahold will post 2.84 earnings per share for the current 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.