Carrefour Sa Spon (NASDAQ:CRRFY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Monday.

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. “

Several other equities analysts also recently commented on the stock. J P Morgan Chase & Co downgraded shares of Carrefour Sa Spon from an “overweight” rating to a “hold” rating in a research report on Thursday, August 31st. Credit Suisse Group reissued an “underperform” rating on shares of Carrefour Sa Spon in a research report on Tuesday, September 5th. Jefferies Group LLC downgraded shares of Carrefour Sa Spon from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. Deutsche Bank AG downgraded shares of Carrefour Sa Spon from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Natixis reissued a “neutral” rating on shares of Carrefour Sa Spon in a research report on Thursday, August 31st. Three analysts have rated the stock with a sell rating and five have issued a hold rating to the company. Carrefour Sa Spon presently has a consensus rating of “Hold” and an average price target of $5.50.

Carrefour Sa Spon (NASDAQ:CRRFY) opened at $4.00 on Monday. Carrefour Sa Spon has a 1 year low of $3.85 and a 1 year high of $5.39.

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About Carrefour Sa Spon

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.

Analyst Recommendations for Carrefour Sa Spon  (NASDAQ:CRRFY)

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