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Koninklijke Ahold N.V. (ADR) (AHONY) [hlAlert]

down 23.64 %

Koninklijke Ahold N.V. (ADR) (AHONY) upgraded to Overweight by HSBC Securities

Posted on: Tuesday,  Feb 12, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Koninklijke Ahold N.V. (ADR) (OTCBB: AHONY) on 02/12/2013. Previously HSBC Securities rated Underweight Koninklijke Ahold N.V. (ADR) (OTCBB: AHONY)
on 09/27/2011., when the stock price was $11.30. Since then, Koninklijke Ahold N.V. (ADR) has gained 30.97% as of 02/12/2013's recent price of $14.80.
If you would have followed the previous HSBC Securities's recommendation on AHONY, you would have lost 23.64% of your investment in 504 days.

Koninklijke Ahold N.V. (Ahold) is engaged in the operation of retail food stores in the United States and Europe through subsidiaries and joint ventures. Ahold?s retail operations are presented in four segments: Stop & Shop/Giant-Landover, Giant-Carlisle, Albert Heijn and Albert/Hypernova. During the fiscal year ended January 3, 2010 (fiscal 2009), it operated 2,909 stores. On February 8, 2010, Ahold?s Giant-Carlisle acquired 25 stores from Ukrop?s Super Markets.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2013 8:25 AM Buy
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -8.82 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/27/2011 8:25 AM Sell

(*) Stock Price at the time of the recommendation.
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