Carrefour (CA) PT Set at €16.50 by UBS
Carrefour (EPA:CA) has been assigned a €16.50 ($19.64) target price by analysts at UBS in a research note issued on Monday, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the stock. UBS’s price target would indicate a potential downside of 7.51% from the stock’s previous close.
Several other equities research analysts have also recently weighed in on the stock. J P Morgan Chase & Co set a €20.00 ($23.81) price target on shares of Carrefour and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Deutsche Bank set a €15.00 ($17.86) price target on shares of Carrefour and gave the stock a “sell” rating in a research report on Thursday, November 16th. set a €13.00 ($15.48) price objective on shares of Carrefour and gave the stock a “sell” rating in a research note on Tuesday, October 17th. Sanford C. Bernstein set a €15.50 ($18.45) price objective on shares of Carrefour and gave the stock a “neutral” rating in a research note on Monday, September 18th. Finally, Credit Suisse Group set a €15.50 ($18.45) price objective on shares of Carrefour and gave the stock a “sell” rating in a research note on Tuesday, September 5th. Six equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. Carrefour has a consensus rating of “Hold” and an average target price of €18.41 ($21.91).
Shares of Carrefour (EPA:CA) traded up €0.14 ($0.17) on Monday, hitting €17.84 ($21.24). 2,800,000 shares of the stock traded hands, compared to its average volume of 3,570,000. Carrefour has a 52-week low of €16.31 ($19.42) and a 52-week high of €24.08 ($28.67).
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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.
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