Carrefour (EPA:CA) has been given a €15.50 ($18.45) target price by research analysts at Sanford C. Bernstein in a note issued to investors on Thursday. The brokerage presently has a “sell” rating on the stock. Sanford C. Bernstein’s price objective would suggest a potential downside of 12.18% from the company’s previous close.

CA has been the subject of several other research reports. Kepler Capital Markets set a €14.70 ($17.50) price objective on shares of Carrefour and gave the company a “sell” rating in a research note on Tuesday, September 12th. Deutsche Bank restated a “sell” rating on shares of Carrefour in a research note on Wednesday, October 11th. Independent Research set a €15.50 ($18.45) price objective on shares of Carrefour and gave the company a “sell” rating in a research note on Friday, September 1st. Credit Suisse Group set a €15.50 ($18.45) target price on shares of Carrefour and gave the stock a “sell” rating in a research note on Tuesday, September 5th. Finally, Citigroup set a €20.70 ($24.64) target price on shares of Carrefour and gave the stock a “buy” rating in a research note on Monday, September 4th. Six equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of €18.41 ($21.91).

Carrefour (CA) opened at €17.65 ($21.01) on Thursday. Carrefour has a 12 month low of €16.31 ($19.42) and a 12 month high of €24.08 ($28.67).

COPYRIGHT VIOLATION WARNING: “Sanford C. Bernstein Analysts Give Carrefour (CA) a €15.50 Price Target” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2017/12/07/sanford-c-bernstein-analysts-give-carrefour-ca-a-15-50-price-target.html.

Carrefour Company Profile

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 (EPA:CA)

Receive News & Ratings for Carrefour SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carrefour SA and related companies with MarketBeat.com's FREE daily email newsletter.