Carrefour SA (EPA:CA) received a €16.50 ($19.64) price target from investment analysts at UBS AG in a note issued to investors on Thursday, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the stock.

A number of other research analysts also recently commented on the stock. J P Morgan Chase & Co set a €20.00 ($23.81) price objective on shares of Carrefour SA and gave the company a “neutral” rating in a research note on Tuesday. Credit Suisse Group set a €15.50 ($18.45) price objective on shares of Carrefour SA and gave the company a “sell” rating in a research note on Tuesday. Citigroup Inc. set a €20.70 ($24.64) price objective on shares of Carrefour SA and gave the company a “buy” rating in a research note on Monday. Goldman Sachs Group, Inc. (The) set a €16.20 ($19.29) price objective on shares of Carrefour SA and gave the company a “neutral” rating in a research note on Monday. Finally, Independent Research GmbH set a €15.50 ($18.45) price objective on shares of Carrefour SA and gave the company a “sell” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of €21.59 ($25.71).

Shares of Carrefour SA (EPA:CA) traded up 0.803% during midday trading on Thursday, reaching €16.945. 3,740,598 shares of the company traded hands. The company has a 50 day moving average of €19.96 and a 200 day moving average of €21.58. The firm has a market capitalization of €12.65 billion and a P/E ratio of 16.844. Carrefour SA has a 12 month low of €16.31 and a 12 month high of €24.84.

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About Carrefour SA

Carrefour SA is a France-based company that is primarily engaged in retail distribution sector. The Company operates a network of hypermarkets, supermarkets, hard discount stores, convenience stores and cash-and-carry outlets and offers e-commerce services. The Company’s hypermarkets named Carrefour offer a range of food and non-food products.

Analyst Recommendations for Carrefour SA (EPA:CA)

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