CARREFOUR SA/S (OTCMKTS:CRRFY) Rating Increased to Hold at Zacks Investment Research

CARREFOUR SA/S (OTCMKTS:CRRFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Monday, reports.

According to Zacks, “Carrefour S.A. operates hypermarkets, supermarkets, convenience stores and cash and carry stores in Europe, the Americas and Asia. Carrefour S.A. is headquartered in Boulogne-Billancourt, France. “

Separately, Sanford C. Bernstein cut shares of CARREFOUR SA/S from a “market perform” rating to an “underperform” rating in a research note on Monday, August 5th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $4.25.

Shares of CRRFY stock traded down $0.01 on Monday, reaching $3.42. 221,624 shares of the company were exchanged, compared to its average volume of 232,813. The company has a market cap of $13.46 billion, a price-to-earnings ratio of 12.21, a P/E/G ratio of 1.12 and a beta of 0.86. The business has a 50-day moving average price of $3.40 and a 200 day moving average price of $3.65. CARREFOUR SA/S has a 1 year low of $3.18 and a 1 year high of $4.15.

CARREFOUR SA/S Company Profile

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, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations.

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