Colruyt Sa (NASDAQ:CUYTY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday. The brokerage presently has a $15.00 target price on the stock.

According to Zacks, “Colruyt SA engages in the retail and distribution of food and non-food products as well as fuels. Its operating segment includes Retail, Wholesale and Food Service, and Other Activities. Retail segment includes stores under the management that directly supplies retail customers and bulk consumers. Wholesale and Food Service segment supplies wholesalers, bulk customers, and affiliated independent merchants. Other Activities segment includes businesses such as filling stations, printing and document management and alternative energy. Colruyt SA is headquartered in Halle, Belgium. “

Colruyt Sa (CUYTY) traded down 1.90% during midday trading on Thursday, reaching $12.93. The company’s stock had a trading volume of 431 shares. The stock has a market cap of $7.53 billion and a price-to-earnings ratio of 16.53. The stock’s 50 day moving average price is $13.87 and its 200-day moving average price is $13.32. Colruyt Sa has a one year low of $11.70 and a one year high of $18.95.

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