Carrefour (CRRFY) Earns “Hold” Rating from HSBC

Carrefour (OTCMKTS:CRRFY)‘s stock had its “hold” rating reiterated by equities research analysts at HSBC in a report issued on Wednesday, MarketBeat reports.

Separately, Zacks Investment Research upgraded shares of Carrefour from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Three research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Carrefour has an average rating of “Hold” and an average target price of $5.50.

Shares of Carrefour (OTCMKTS CRRFY) traded up $0.06 on Wednesday, reaching $4.87. 227,650 shares of the company traded hands, compared to its average volume of 625,247. Carrefour has a 12 month low of $3.79 and a 12 month high of $5.36. The company has a current ratio of 0.74, a quick ratio of 0.44 and a debt-to-equity ratio of 0.58.

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Carrefour Company Profile

Carrefour SA operates as a multi-local, multi-format, multi-channel retailer primarily in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce Websites, as well as m-commerce channels; and service stations.

Analyst Recommendations for Carrefour (OTCMKTS:CRRFY)

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