Carrefour SA (OTCMKTS:CRRFY – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 81,542 shares, a decline of 83.3% from the June 15th total of 487,759 shares. Based on an average daily volume of 563,381 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on CRRFY shares. Oddo Bhf upgraded Carrefour to a “neutral” rating in a report on Thursday, April 23rd. UBS Group upgraded shares of Carrefour from a “hold” rating to a “buy” rating in a research report on Wednesday, July 1st. Finally, Royal Bank Of Canada started coverage on shares of Carrefour in a report on Monday, July 6th. They set a “moderate buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Carrefour
Carrefour Stock Performance
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.
See Also
- Five stocks we like better than Carrefour
- The Phase 3 Failure That Sent Biotech Winners and Losers in Opposite Directions
- Why Micron Is Doubling Down While the HBM Shortage Persists
- China’s Helium Ban Could Reshape the AI Supply Chain
- Analysts See Major Upside for These 5 Stocks
Receive News & Ratings for Carrefour Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrefour and related companies with MarketBeat.com's FREE daily email newsletter.
