Carrefour SA (OTCMKTS:CRRFY) Receives Average Recommendation of “Moderate Buy” from Analysts

Carrefour SA (OTCMKTS:CRRFY) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages have issued reports on CRRFY. Royal Bank Of Canada began coverage on shares of Carrefour in a report on Monday, July 6th. They set a “moderate buy” rating on the stock. UBS Group raised Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st.

Carrefour Stock Down 1.7%

Shares of CRRFY stock opened at $3.83 on Friday. The firm’s 50 day moving average is $3.73 and its 200 day moving average is $3.75. Carrefour has a 12 month low of $2.85 and a 12 month high of $4.13. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.63 and a current ratio of 0.87.

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.