Ahold Delhaize: BarCap reiterates 'equal weight' rating

(CercleFinance.com) - Barclays Capital reiterates its "equal weight" rating on Ahold Delhaize after the shares have risen 22% over the last 12 months.


In a research note, the British broker highlights a "strong outcome" compared with the 5% rise delivered by the overall European food retail sector.

In the report, BarCap points out that the extent of the share performance has been helped by the fact that a year ago the market was very concerned about the implications of Amazon buying Whole Foods, a deal that has had very little, if any, impact visible in Ahold Delhaize's results.

As a result, Barclays expects a "perfectly robust" set of quarterly results on 8 August, the broker said.

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