Carrefour SA (OTCMKTS:CRRFY) Receives Consensus Rating of “Moderate Buy” from Analysts

Carrefour SA (OTCMKTS:CRRFY) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, three have given 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. UBS Group upgraded Carrefour from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st. Oddo Bhf raised Carrefour to a “neutral” rating in a research report on Thursday, April 23rd. Finally, Royal Bank Of Canada assumed coverage on Carrefour in a research note on Monday, July 6th. They issued a “moderate buy” rating for the company.

Carrefour Stock Up 3.4%

CRRFY opened at $3.69 on Friday. Carrefour has a fifty-two week low of $2.82 and a fifty-two week high of $4.13. The company’s 50-day moving average is $3.70 and its 200 day moving average is $3.69. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.87 and a quick ratio of 0.63.

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.