Carrefour (CA) Given a €15.50 Price Target at Sanford C. Bernstein

Carrefour (EPA:CA) has been given a €15.50 ($18.45) target price by analysts at Sanford C. Bernstein in a report issued on Tuesday. The firm currently has a “sell” rating on the stock. Sanford C. Bernstein’s target price suggests a potential downside of 20.59% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. UBS Group set a €16.50 ($19.64) target price on shares of Carrefour and gave the company a “neutral” rating in a research note on Thursday, October 19th. JPMorgan Chase & Co. set a €20.00 ($23.81) target price on shares of Carrefour and gave the company a “neutral” rating in a research note on Thursday, October 19th. Goldman Sachs Group set a €16.20 ($19.29) target price on shares of Carrefour and gave the company a “neutral” rating in a research note on Thursday, October 19th. Societe Generale set a €18.00 ($21.43) target price on shares of Carrefour and gave the company a “neutral” rating in a research note on Monday, January 8th. Finally, Deutsche Bank set a €14.00 ($16.67) target price on shares of Carrefour and gave the company a “sell” rating in a research note on Thursday, January 18th. Six investment 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. The company has a consensus rating of “Hold” and a consensus price target of €17.94 ($21.36).

Carrefour (EPA:CA) opened at €19.52 ($23.24) on Tuesday. The firm has a market cap of $15,120.00 and a P/E ratio of 20.77. 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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About Carrefour

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)

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