Colruyt (OTCMKTS:CUYTY) Stock Rating Upgraded by Zacks Research

Colruyt (OTCMKTS:CUYTY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

CUYTY has been the subject of several other reports. Sanford C. Bernstein initiated coverage on Colruyt in a research report on Friday, May 15th. They set a “market perform” rating for the company. Oddo Bhf raised Colruyt to an “outperform” rating in a research report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Colruyt currently has an average rating of “Moderate Buy”.

Colruyt Trading Up 2.3%

Shares of OTCMKTS CUYTY opened at $10.43 on Monday. The business has a 50-day moving average of $9.69 and a 200-day moving average of $9.53. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.55 and a current ratio of 0.87. Colruyt has a fifty-two week low of $9.34 and a fifty-two week high of $10.50.

Colruyt Company Profile

Colruyt Group is a Belgium-based retail and wholesale company known for its range of food and non-food products. Founded in 1928 by Franz Colruyt, the company has developed a reputation for competitive pricing and operational efficiency. It operates a network of branded supermarkets and hypermarkets under the Colruyt name, catering to both household shoppers and business clients.

In addition to its core supermarket operations, Colruyt Group manages several specialized retail formats and services.