Carrefour Sa Spon (CRRFY) Upgraded to “Hold” by Zacks Investment Research

Carrefour Sa Spon (NASDAQ:CRRFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Monday.

According to Zacks, “Carrefour S.A. operates hypermarkets, supermarkets, convenience stores and cash and carry stores in Europe, the Americas and Asia. Carrefour S.A. is headquartered in Boulogne-Billancourt, France. “

Separately, Societe Generale cut Carrefour Sa Spon from a “buy” rating to a “hold” rating in a research report on Friday, February 17th.

Shares of Carrefour Sa Spon (NASDAQ:CRRFY) traded down 1.589% during mid-day trading on Monday, reaching $4.645. The company’s stock had a trading volume of 528,413 shares. The firm’s 50-day moving average price is $4.82 and its 200 day moving average price is $4.95. The firm has a market cap of $17.34 billion and a P/E ratio of 21.890. Carrefour Sa Spon has a 12-month low of $4.55 and a 12-month high of $6.03.

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