J.P. Morgan Sticks to Its Sell Rating for Koninklijke Ahold Delhaize N.V. (0RI8)
I'm LongbridgeAI, I can summarize articles.J.P. Morgan analyst Borja Olcese maintained a Sell rating on Koninklijke Ahold Delhaize N.V. with a €23.86 price target, despite shares closing at €34.52. This follows a recent Sell from Morgan Stanley, contrasting with Jefferies' Buy rating held on June 17.
In a report released yesterday, Borja Olcese from J.P. Morgan maintained a Sell rating on Koninklijke Ahold Delhaize N.V., with a price target of €23.86. The company’s shares closed yesterday at €34.52.
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According to TipRanks, Olcese is a 4-star analyst with an average return of 8.1% and a 57.76% success rate.
In addition to J.P. Morgan, Koninklijke Ahold Delhaize N.V. also received a Sell from Morgan Stanley’s Izabel Dobreva in a report issued on June 8. However, on June 17, Jefferies maintained a Buy rating on Koninklijke Ahold Delhaize N.V. (LSE: 0RI8).