Zacks: Koninklijke Ahold (NASDAQ:ADRNY) Given Consensus Rating of “Buy” by Brokerages

Shares of Koninklijke Ahold (NASDAQ:ADRNY) have received an average broker rating score of 1.67 (Buy) from the three analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company.

Brokerages have set a one year consensus price objective of $28.60 for the company, according to Zacks. Zacks has also given Koninklijke Ahold an industry rank of 32 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research raised shares of Koninklijke Ahold from a “sell” rating to a “hold” rating in a research report on Tuesday, September 27th.

Koninklijke Ahold (NASDAQ:ADRNY) opened at 22.71 on Thursday. Koninklijke Ahold has a 12-month low of $20.82 and a 12-month high of $30.00.

About Koninklijke Ahold

Koninklijke Ahold N.V. (Ahold) is engaged in the operation of retail stores in Europe and the United States through subsidiaries and joint ventures. The Company operates through three segments: Ahold USA, The Netherlands and Czech Republic. In addition, Other retail consisting of Ahold’s joint venture JMR and Ahold’s Corporate Center.

5 Day Chart for NASDAQ:ADRNY

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