Carrefour (CRRFY) Upgraded by Sanford C. Bernstein to “Market Perform”
Carrefour (OTCMKTS:CRRFY) was upgraded by equities research analysts at Sanford C. Bernstein from an “underperform” rating to a “market perform” rating in a research report issued to clients and investors on Wednesday, MarketBeat.com reports.
Other equities research analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Carrefour from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. HSBC restated a “hold” rating on shares of Carrefour in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Carrefour has an average rating of “Hold” and an average target price of $5.50.
Shares of Carrefour (OTCMKTS:CRRFY) opened at $4.81 on Wednesday. Carrefour has a one year low of $3.79 and a one year high of $5.36. The company has a quick ratio of 0.44, a current ratio of 0.74 and a debt-to-equity ratio of 0.58.
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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.
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