Brokerages Set Carrefour SA (CA) Target Price at $18.33

Shares of Carrefour SA (EPA:CA) have received an average rating of “Hold” from the seventeen brokerages that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is €18.33 ($21.31).

Several research firms recently commented on CA. UBS Group set a €24.00 ($27.91) price objective on shares of Carrefour and gave the stock a “buy” rating in a research report on Friday, February 16th. JPMorgan Chase & Co. set a €20.00 ($23.26) target price on shares of Carrefour and gave the company a “neutral” rating in a report on Tuesday, April 3rd. Barclays set a €20.00 ($23.26) target price on shares of Carrefour and gave the company a “neutral” rating in a report on Tuesday, February 20th. Deutsche Bank set a €15.00 ($17.44) price objective on shares of Carrefour and gave the company a “sell” rating in a research note on Friday, February 16th. Finally, Credit Suisse Group set a €15.90 ($18.49) price objective on shares of Carrefour and gave the company a “sell” rating in a research note on Friday, May 25th.

Shares of Carrefour traded up €0.05 ($0.06), hitting €16.94 ($19.70), during trading on Monday, according to MarketBeat Ratings. 5,200,000 shares of the company were exchanged, compared to its average volume of 3,450,000. Carrefour has a 1 year low of €16.31 ($18.97) and a 1 year high of €23.68 ($27.53).

Carrefour Company Profile

Carrefour SA operates stores in various formats and channels 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 sites and m-commerce channels; and service stations.

Analyst Recommendations for Carrefour (EPA:CA)

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