Koninklijke Ahold Delhaize (AMS:AD) has been assigned a €20.20 ($24.05) price objective by Goldman Sachs Group in a research report issued on Friday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential upside of 8.84% from the stock’s current price.
A number of other research analysts also recently weighed in on the company. JPMorgan Chase & Co. set a €20.00 ($23.81) target price on Koninklijke Ahold Delhaize and gave the stock a “buy” rating in a report on Thursday, October 19th. Deutsche Bank set a €19.50 ($23.21) target price on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a report on Thursday, November 9th. set a €17.50 ($20.83) target price on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a report on Thursday, November 2nd. UBS Group set a €17.00 ($20.24) price target on Koninklijke Ahold Delhaize and gave the stock a “neutral” rating in a research note on Thursday, December 14th. Finally, Macquarie set a €14.00 ($16.67) price target on Koninklijke Ahold Delhaize and gave the stock a “sell” rating in a research note on Friday, October 20th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of €19.51 ($23.23).
Koninklijke Ahold Delhaize (AD) opened at €18.56 ($22.10) on Friday. Koninklijke Ahold Delhaize has a twelve month low of €14.72 ($17.52) and a twelve month high of €20.88 ($24.86). The firm has a market capitalization of $23,140.00 and a P/E ratio of 19.13.
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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