Ahold Delhaize: UBS still a seller

(CercleFinance.com) - In its daily comments, UBS says that US margins are likely to come under pressure in FY25E.
The analyst confirms his Sell recommendation on the stock, while adding a euro to his target price, which is now E28E (from E27), which now implies 18% downside potential for the Belgo-Dutch food retailer's stock.

Ahold Delhaize is rightly addressing the pricing position of S&S and other retailers in the US, but we see potential downside risk in the margin outlook for fiscal 2025, UBS.

Ahold Delhaize confirmed its outlook for FY 2024, including underlying EPS at levels close to 2023, an underlying operating margin of at least 4% and free cash flow of around E2.3bn.


Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as decision-making aids for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.