Carrefour (EPA:CA) received a €15.50 ($18.02) target price from research analysts at Sanford C. Bernstein in a report released on Wednesday, October 23rd, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Sanford C. Bernstein’s price target indicates a potential downside of 0.32% from the stock’s current price.
Several other research analysts also recently commented on the stock. HSBC set a €21.00 ($24.42) target price on shares of Carrefour and gave the stock a “buy” rating in a report on Monday, September 9th. Barclays set a €17.50 ($20.35) target price on shares of Carrefour and gave the stock a “neutral” rating in a report on Monday, October 7th. UBS Group set a €22.50 ($26.16) price target on shares of Carrefour and gave the stock a “buy” rating in a research report on Friday, October 18th. Berenberg Bank set a €17.80 ($20.70) price target on shares of Carrefour and gave the stock a “neutral” rating in a research report on Wednesday, July 31st. Finally, Deutsche Bank set a €15.00 ($17.44) price target on shares of Carrefour and gave the stock a “neutral” rating in a research report on Monday, October 7th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €17.63 ($20.50).
CA traded down €0.07 ($0.08) during trading on Wednesday, hitting €15.55 ($18.08). The stock had a trading volume of 1,306,976 shares, compared to its average volume of 3,450,000. Carrefour has a 12 month low of €16.31 ($18.97) and a 12 month high of €23.68 ($27.53). The company has a 50 day simple moving average of €15.61.
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.
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