Koninklijke Ahold Delhaize NV (AMS:AD) Given a €20.50 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €20.50 ($24.12) target price on Koninklijke Ahold Delhaize NV (AMS:AD) in a research report report published on Monday, July 31st. The firm currently has a buy rating on the stock.

Several other equities research analysts have also issued reports on the stock. J P Morgan Chase & Co set a €26.00 ($30.59) price objective on shares of Koninklijke Ahold Delhaize NV and gave the stock a buy rating in a research report on Friday, June 16th. Morgan Stanley set a €23.00 ($27.06) price objective on shares of Koninklijke Ahold Delhaize NV and gave the company a buy rating in a research note on Friday, June 16th. Societe Generale set a €18.00 ($21.18) price target on shares of Koninklijke Ahold Delhaize NV and gave the stock a neutral rating in a research report on Tuesday, June 20th. HSBC Holdings plc set a €17.50 ($20.59) price objective on shares of Koninklijke Ahold Delhaize NV and gave the company a neutral rating in a research report on Tuesday, June 20th. Finally, Goldman Sachs Group, Inc. (The) set a €23.30 ($27.41) target price on shares of Koninklijke Ahold Delhaize NV and gave the company a buy rating in a research note on Monday, July 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of €20.03 ($23.56).

Shares of Koninklijke Ahold Delhaize NV (AMS:AD) opened at 16.695 on Monday. The company has a 50-day moving average of €17.10 and a 200 day moving average of €18.90. Koninklijke Ahold Delhaize NV has a 12-month low of €15.84 and a 12-month high of €22.20.

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Koninklijke Ahold Delhaize NV Company Profile

Koninklijke Ahold Delhaize N.V., formerly Koninklijke Ahold N.V., is engaged in the operation of retail stores in Europe and the United States. The Company’s segments are Ahold USA, Delhaize America, The Netherlands, Belgium, and Central and Southeastern Europe (CSE). In addition, Other retail, consists of Ahold Delhaize’s unconsolidated joint ventures JMR – Gestao de Empresas de Retalho, SGPS, SA (JMR) and P.T.

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