Carrefour SA (OTCMKTS:CRRFY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Carrefour SA (OTCMKTS:CRRFY) have received a consensus rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts have recently weighed in on the company. UBS Group upgraded Carrefour from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Oddo Bhf upgraded Carrefour to a “neutral” rating in a research report on Thursday, April 23rd. Finally, Royal Bank Of Canada started coverage on Carrefour in a research note on Monday, July 6th. They issued a “moderate buy” rating for the company.

Carrefour Price Performance

CRRFY stock opened at $3.73 on Monday. Carrefour has a 12-month low of $2.82 and a 12-month high of $4.13. The business’s 50-day moving average is $3.79 and its 200 day moving average is $3.66. The company has a current ratio of 0.87, a quick ratio of 0.63 and a debt-to-equity ratio of 0.83.

Carrefour Company Profile

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour’s core business activities revolve around food retailing, non-food products and services.