Carrefour SA (OTCMKTS:CRRFY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

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

CRRFY has been the topic of a number of research analyst reports. Oddo Bhf raised shares of Carrefour to a “neutral” rating in a research report on Thursday, April 23rd. UBS Group upgraded Carrefour from a “neutral” rating to a “buy” rating in a research report on Wednesday. Finally, Royal Bank Of Canada began coverage on Carrefour in a research report on Monday. They set an “outperform” rating on the stock.

Carrefour Trading Down 0.8%

Shares of CRRFY traded down $0.03 during midday trading on Monday, hitting $3.64. 104,462 shares of the company traded hands, compared to its average volume of 311,616. The stock has a 50-day moving average of $3.81 and a 200-day moving average of $3.65. Carrefour has a one year low of $2.82 and a one year high of $4.13. The company has a current ratio of 0.87, a quick ratio of 0.63 and a debt-to-equity ratio of 0.83.

Carrefour Company Profile

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour’s core business activities revolve around food retailing, non-food products and services.