Carrefour SA (OTCMKTS:CRRFY) Stock Rated “Moderate Buy” by Wall Street Analysts

Carrefour SA (OTCMKTS:CRRFY) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts have recently commented on the company. UBS Group lowered Carrefour from a “buy” rating to a “neutral” rating in a report on Wednesday. Royal Bank Of Canada started coverage on Carrefour in a report on Monday, July 6th. They issued a “moderate buy” rating on the stock.

Carrefour Trading Down 6.4%

Shares of OTCMKTS:CRRFY traded down $0.22 during trading on Wednesday, reaching $3.21. 939,673 shares of the company’s stock traded hands, compared to its average volume of 299,639. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.90 and a quick ratio of 0.63. Carrefour has a 12 month low of $2.90 and a 12 month high of $4.13. The company has a 50 day moving average of $3.73 and a 200-day moving average of $3.77.

Carrefour Company Profile

Carrefour SA is a France-based multinational food retailer operating hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce platforms. The company sells groceries, fresh food, household goods, personal-care products, apparel and other nonfood merchandise through its stores and digital channels.

Founded in 1959, Carrefour opened its first hypermarket in Sainte-Geneviève-des-Bois, France, in 1960. It has since developed a broad retail network supported by company-operated, franchised and partnered stores, as well as private-label brands and customer loyalty services.

Carrefour’s principal markets include France, Spain, Italy, Belgium, Poland, Romania, Brazil and Argentina, with additional international reach through franchise and partnership arrangements.