Carrefour SA (CRRFY) – What Are Analysts Thinking About This Stock?

Shares of Carrefour SA (OTCMKTS:CRRFY) have earned an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company.

Several equities research analysts have commented on CRRFY shares. Royal Bank Of Canada began coverage on shares of Carrefour in a research note on Monday, July 6th. They issued a “moderate buy” rating on the stock. UBS Group lowered Carrefour from a “buy” rating to a “neutral” rating in a report on Wednesday.

Carrefour Price Performance

Carrefour stock traded down $0.22 during midday trading on Wednesday, reaching $3.21. 939,673 shares of the stock traded hands, compared to its average volume of 299,639. The company has a current ratio of 0.90, a quick ratio of 0.63 and a debt-to-equity ratio of 0.83. The firm has a fifty day moving average price of $3.73 and a two-hundred day moving average price of $3.77. Carrefour has a fifty-two week low of $2.90 and a fifty-two week high of $4.13.

About Carrefour

Carrefour SA is a France-based multinational food retailer operating hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce platforms. The company sells groceries, fresh food, household goods, personal-care products, apparel and other nonfood merchandise through its stores and digital channels.

Founded in 1959, Carrefour opened its first hypermarket in Sainte-Geneviève-des-Bois, France, in 1960. It has since developed a broad retail network supported by company-operated, franchised and partnered stores, as well as private-label brands and customer loyalty services.

Carrefour’s principal markets include France, Spain, Italy, Belgium, Poland, Romania, Brazil and Argentina, with additional international reach through franchise and partnership arrangements.