Carrefour Sa Spon (NASDAQ:CRRFY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. The brokerage currently has a $5.50 price target on the stock. Zacks Investment Research‘s price target would suggest a potential upside of 12.24% from the company’s previous close.

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, Deutsche Bank AG cut Carrefour Sa Spon from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $5.50.

Shares of Carrefour Sa Spon (CRRFY) traded up 1.24% on Wednesday, hitting $4.90. The stock had a trading volume of 157,369 shares. Carrefour Sa Spon has a 12-month low of $4.31 and a 12-month high of $5.41.

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Carrefour Sa Spon Company Profile

Carrefour SA operates as a multi-local, multi-format, multi-channel retailer primarily in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce Websites, as well as m-commerce channels; and service stations.

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