Carrefour Sa Spon (NASDAQ:CRRFY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday.

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, Deutsche Bank AG lowered Carrefour Sa Spon from a “hold” rating to a “sell” rating in a research report on Monday, July 31st. One research analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. Carrefour Sa Spon has a consensus rating of “Hold” and an average price target of $5.50.

Carrefour Sa Spon (NASDAQ:CRRFY) traded down 0.25% during midday trading on Friday, reaching $4.83. The company had a trading volume of 192,781 shares. Carrefour Sa Spon has a 12-month low of $4.31 and a 12-month high of $5.41.

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About Carrefour Sa Spon

Carrefour SA operates as a multi-local, multi-format, multi-channel retailer primarily in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce Websites, as well as m-commerce channels; and service stations.

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