Koninklijke Ahold Delhaize (ADRNY) Stock Rating Upgraded by Zacks Investment Research

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

According to Zacks, “Koninklijke Ahold Delhaize N.V. provides retail stores which offer food and non-food products primarily in the United States and Europe. The Company operates supermarkets, convenience stores, compact hypers, pick-up points and gasoline stations as well as specialty stores. Koninklijke Ahold Delhaize N.V., formerly known as Ahold N.V., is based in Zaandam, Netherlands. “

Shares of Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) opened at $21.79 on Tuesday. Koninklijke Ahold Delhaize has a twelve month low of $17.65 and a twelve month high of $22.85. The stock has a market capitalization of $27,110.00, a price-to-earnings ratio of 18.94, a P/E/G ratio of 1.25 and a beta of 0.90. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.98 and a quick ratio of 0.65.

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About Koninklijke Ahold Delhaize

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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