Carrefour SA (OTCMKTS:CRRFY) Given Average Rating of “Moderate Buy” by Analysts

Shares of Carrefour SA (OTCMKTS:CRRFY) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

CRRFY has been the subject of a number of recent research reports. Oddo Bhf raised Carrefour to a “neutral” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada initiated coverage on shares of Carrefour in a report on Monday. They issued an “outperform” rating for the company. Finally, UBS Group raised shares of Carrefour from a “neutral” rating to a “buy” rating in a research note on Wednesday.

Carrefour Stock Performance

Shares of OTCMKTS:CRRFY traded down $0.03 during midday trading on Monday, hitting $3.64. The company had a trading volume of 104,462 shares, compared to its average volume of 311,616. Carrefour has a twelve month low of $2.82 and a twelve month high of $4.13. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.87 and a quick ratio of 0.63. The business’s 50-day simple moving average is $3.81 and its 200-day simple moving average is $3.65.

About Carrefour

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.