Brokerages Set Carrefour SA (OTCMKTS:CRRFY) Target Price at $20.17
Shares of Carrefour SA (OTCMKTS:CRRFY – Get Rating) have received a consensus recommendation of “Hold” by the eight rating agencies that cover the company, reports Marketbeat.com. One analyst rated the stock with a sell recommendation, two gave the company a hold recommendation and four gave the company a buy recommendation. The 1-year average target price among brokers who updated their coverage on the stock in the past year is $20.17.
A number of research companies have weighed in on the CRRFY. Berenberg Bank raised its price target on Carrefour from €17.00 ($18.48) to €18.80 ($20.43) and gave the company a “hold” rating in a Friday 25 report. february. Barclays raised its price target on Carrefour shares from €20.50 ($22.28) to €22.00 ($23.91) in a Wednesday, April 6 report. Zacks Investment Research downgraded Carrefour shares from a “buy” rating to a “hold” rating in a Thursday, April 7 report. Finally, Morgan Stanley lowered its price target on Carrefour shares from €20.10 ($21.85) to €19.70 ($21.41) and set an “overweight” rating on the stock in a report from Wednesday, January 19.
The Carrefour action opened Friday at 4.37 dollars. The company has a quick ratio of 0.54, a current ratio of 0.80 and a debt ratio of 0.60. Carrefour has a 1-year low of $3.32 and a 1-year high of $4.48. The company has a fifty-day moving average price of $4.08 and a 200-day moving average price of $3.82.
Carrefour company profile (Get a rating)
Carrefour SA operates stores of various formats and circuits in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina and Taiwan. The Company operates hypermarkets, convenience stores, supermarkets, cash and carry stores and hypercash; e-commerce sites and mobile commerce channels; and service stations.
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