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

Carrefour SA (OTCMKTS:CRRFY) has been assigned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. Two equities research 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.

Several research firms have commented on CRRFY. Royal Bank Of Canada assumed coverage on shares of Carrefour in a research report on Monday, July 6th. They set a “moderate buy” rating for the company. UBS Group upgraded shares of Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st.

Carrefour Stock Up 2.2%

CRRFY stock opened at $3.79 on Tuesday. The firm has a fifty day moving average price of $3.68 and a 200 day moving average price of $3.74. Carrefour has a fifty-two week low of $2.85 and a fifty-two week 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.

Carrefour Company Profile

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.