Ahold Delhaize: Oddo BHF still a buyer after roadshow

(CercleFinance.com) - Oddo BHF has reinstated its "buy" rating on the Ahold Delhaize stock, maintaining its target price of 25 euros, with the broker's upbeat stance reinforced following a roadshow in Paris with Jeff Carr, the distribution group's CFO.


The broker reports that Mr. Carr answered many legitimate questions including the group's presence in the United States, which represents 61% of the group's results. He thus made confident comments regarding the sustainability of operational profitability.

The investment efforts that integrate digital and technological innovations, are, in the broker's opinion, adequate to support sales, market share and margins, said the analyst who monitors the share.



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