Carrefour SA (EPA:CA) Given Consensus Rating of “Hold” by Brokerages

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Carrefour SA (EPA:CA) has been assigned an average rating of “Hold” from the twelve brokerages that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is €18.28 ($21.25).

CA has been the subject of a number of recent analyst reports. Sanford C. Bernstein set a €18.00 ($20.93) price target on shares of Carrefour and gave the stock a “neutral” rating in a research report on Thursday, February 28th. JPMorgan Chase & Co. set a €14.50 ($16.86) price target on shares of Carrefour and gave the stock a “neutral” rating in a research report on Thursday, February 28th. Barclays set a €17.50 ($20.35) price target on shares of Carrefour and gave the stock a “neutral” rating in a research report on Friday, March 1st. UBS Group set a €23.00 ($26.74) price target on shares of Carrefour and gave the stock a “buy” rating in a research report on Wednesday, March 20th. Finally, Deutsche Bank set a €15.00 ($17.44) price target on shares of Carrefour and gave the stock a “neutral” rating in a research report on Tuesday, April 9th.

Shares of CA traded up €0.23 ($0.27) during mid-day trading on Friday, reaching €16.68 ($19.39). The stock had a trading volume of 2,782,107 shares, compared to its average volume of 3,450,000. Carrefour has a 12 month low of €16.31 ($18.97) and a 12 month high of €23.68 ($27.53). The business’s fifty day moving average price is €17.08.

About Carrefour

Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations.

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Analyst Recommendations for Carrefour (EPA:CA)

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