Carrefour SA (OTCMKTS:CRRFY) Given Consensus Recommendation of “Buy” by Analysts

Shares of Carrefour SA (OTCMKTS:CRRFY) have received an average recommendation of “Buy” from the eight analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating on the company.

A number of brokerages recently weighed in on CRRFY. Zacks Investment Research cut Carrefour from a “buy” rating to a “hold” rating in a report on Thursday. Sanford C. Bernstein began coverage on Carrefour in a report on Wednesday, July 7th. They set an “underperform” rating on the stock. Societe Generale began coverage on Carrefour in a report on Thursday, September 9th. They set a “buy” rating on the stock. UBS Group reissued a “buy” rating on shares of Carrefour in a report on Monday, August 2nd. Finally, Barclays reissued an “overweight” rating on shares of Carrefour in a report on Friday, July 9th.

Shares of Carrefour stock traded up $0.05 on Wednesday, hitting $3.67. The stock had a trading volume of 49,900 shares, compared to its average volume of 185,230. The firm has a market capitalization of $14.46 billion, a P/E ratio of 12.66, a PEG ratio of 0.79 and a beta of 0.51. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.50 and a current ratio of 0.79. Carrefour has a twelve month low of $3.04 and a twelve month high of $4.78. The stock has a 50 day moving average of $3.75 and a 200 day moving average of $3.85.

About Carrefour

Carrefour SA engages in the provision of supermarkets and retail stores. Its activities include operation and management of hypermarkets; supermarkets; convenience stores; cash and carry stores; and both food and non-food e-commerce websites. The company was founded on July 11, 1959 and is headquartered in Boulogne-Billancourt, France.

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Analyst Recommendations for Carrefour (OTCMKTS:CRRFY)

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