Ahold (OTCMKTS:ADRNY) Rating Increased to Strong-Buy at Kepler Capital Markets

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

A number of other equities research analysts have also recently commented on the company. Jefferies Financial Group upgraded Ahold from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. UBS Group upgraded Ahold from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 16th. Finally, Zacks Research lowered Ahold from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Ahold has an average rating of “Buy”.

Ahold Stock Performance

ADRNY opened at €41.58 on Thursday. The firm has a fifty day moving average price of €40.86 and a 200 day moving average price of €41.01. Ahold has a 1 year low of €31.64 and a 1 year high of €43.26. The stock has a market cap of $37.54 billion, a P/E ratio of 18.99, a P/E/G ratio of 1.85 and a beta of 0.47. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.72 and a quick ratio of 0.43.

Ahold (OTCMKTS:ADRNY) last released its quarterly earnings results on Wednesday, November 5th. The company reported €0.78 EPS for the quarter. Ahold had a net margin of 2.02% and a return on equity of 15.88%. Equities research analysts anticipate 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.