Carrefour (CA) Given a €22.00 Price Target at UBS Group

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Carrefour (EPA:CA) has been assigned a €22.00 ($25.58) price target by UBS Group in a research report issued on Friday, July 27th, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS Group’s target price suggests a potential upside of 29.87% from the company’s previous close.

A number of other analysts have also recently commented on the company. Societe Generale set a €25.00 ($29.07) price target on Carrefour and gave the stock a “buy” rating in a research report on Thursday, April 12th. BNP Paribas set a €23.00 ($26.74) price objective on shares of Carrefour and gave the stock a “buy” rating in a report on Thursday, June 7th. Barclays set a €17.30 ($20.12) price objective on shares of Carrefour and gave the stock a “neutral” rating in a report on Thursday, April 12th. Goldman Sachs Group set a €16.20 ($18.84) price objective on shares of Carrefour and gave the stock a “neutral” rating in a report on Thursday, April 12th. Finally, Sanford C. Bernstein set a €20.00 ($23.26) price objective on shares of Carrefour and gave the stock a “neutral” rating in a report on Thursday, April 12th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of €16.94 ($19.70).

Carrefour traded up €0.05 ($0.06), hitting €16.94 ($19.70), during trading hours on Friday, MarketBeat Ratings reports. 5,200,000 shares of the stock traded hands, compared to its average volume of 3,450,000. Carrefour has a one year low of €16.31 ($18.97) and a one 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.

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Analyst Recommendations for Carrefour (EPA:CA)

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