Carrefour SA (OTCMKTS:CRRFY – Get Free Report) has been assigned an average rating of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.
A number of analysts have issued reports on the stock. UBS Group upgraded shares of Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st. Royal Bank Of Canada assumed coverage on shares of Carrefour in a report on Monday, July 6th. They set a “moderate buy” rating for the company.
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Carrefour Trading Up 2.2%
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.
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