Are Koninklijke Ahold NV (OTC:AHONY) Shares Headed North? Bernstein Issues Upgrade.


Koninklijke Ahold NV (OTC:AHONY) Stock Upgrade

Bernstein boosted the shares of Koninklijke Ahold NV (OTC:AHONY) from a Mkt Perform rating to Outperform rating in a comprehensive report revealed to investors and clients on Thursday morning.

Approximately 57,822 shares of stock traded hands. Koninklijke Ahold N.V. (ADR) (OTC:AHONY) has risen 11.73% since May 7, 2015 and is uptrending. It has outperformed by 13.66% the S&P500.

 Are Koninklijke Ahold NV (OTC:AHONY) Shares Headed North? Bernstein Issues Upgrade.

Koninklijke Ahold N.V. is a retailing group based in the Netherlands and active in the United States and Europe. The company has a market cap of $17.61 billion. The Firm operates through three business divisions: Ahold USA, The Netherlands and Czech Republic. It has 21.51 P/E ratio. The Ahold USA segment includes stores, such as Stop & Shop in New England, Stop & Shop in New York Metro, Giant Landover, Giant Carlisle and Peapod.

According to Zacks Investment Research, “Koninklijke Ahold N.V (Ahold) NV retails food through supermarkets, hypermarkets, and discount stores. The Company operates through subsidiaries and joint ventures of retail trade stores in the United States and Europe and a foodservice business in the United States. In addition, some of its subsidiaries finance, develop and manage store sites and shopping centers primarily to support Ahold’s retail operations. Ahold is headquartered in Amsterdam, Netherlands.” Get a free copy of the Zacks research report on Koninklijke Ahold N.V. (ADR) (AHONY).