Carrefour SA (OTCMKTS:CRRFY – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $3.81, but opened at $3.94. Carrefour shares last traded at $3.94, with a volume of 1,039 shares trading hands.
Analysts Set New Price Targets
A number of brokerages have recently commented on CRRFY. UBS Group upgraded Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Royal Bank Of Canada initiated coverage on Carrefour in a report on Monday, July 6th. They set a “moderate buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Carrefour presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Analysis on CRRFY
Carrefour Price Performance
About Carrefour
Carrefour SA is a French multinational retail company that operates hypermarkets, supermarkets, convenience stores and cash-and-carry outlets. Its product offerings include groceries, fresh food, consumer goods, household products, clothing and selected non-food merchandise. The company also serves customers through e-commerce platforms and offers private-label products and related services.
Founded in 1959, Carrefour opened one of the world’s first hypermarkets in Sainte-Geneviève-des-Bois, France, in 1960.
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