Carrefour (EPA:CA) has been assigned a €15.00 ($17.44) target price by investment analysts at HSBC in a research report issued to clients and investors on Friday, October 12th. The firm presently has a “neutral” rating on the stock. HSBC’s price objective suggests a potential downside of 11.45% from the stock’s current price.
Several other equities analysts have also recently commented on the stock. Sanford C. Bernstein set a €17.50 ($20.35) target price on shares of Carrefour and gave the company a “neutral” rating in a research note on Friday, July 27th. Deutsche Bank set a €15.00 ($17.44) price objective on shares of Carrefour and gave the company a “neutral” rating in a research report on Friday, July 27th. Goldman Sachs Group set a €15.20 ($17.67) target price on shares of Carrefour and gave the stock a “neutral” rating in a report on Friday, July 27th. Barclays set a €15.60 ($18.14) target price on shares of Carrefour and gave the stock a “neutral” rating in a report on Friday, July 27th. Finally, Societe Generale set a €25.00 ($29.07) price target on shares of Carrefour and gave the stock a “buy” rating in a report on Friday, July 27th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of €17.29 ($20.10).
CA stock opened at €16.94 ($19.70) on Friday. Carrefour has a fifty-two week low of €16.31 ($18.97) and a fifty-two week high of €23.68 ($27.53).
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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