CARREFOUR SA/S (OTCMKTS:CRRFY) Coverage Initiated by Analysts at Berenberg Bank

Equities research analysts at Berenberg Bank started coverage on shares of CARREFOUR SA/S (OTCMKTS:CRRFY) in a report released on Wednesday, Briefing.com Automated Import reports. The firm set a “hold” rating on the stock.

A number of other research firms have also commented on CRRFY. JPMorgan Chase & Co. restated an “underweight” rating on shares of CARREFOUR SA/S in a research note on Friday, March 1st. Zacks Investment Research upgraded shares of CARREFOUR SA/S from a “sell” rating to a “hold” rating in a research note on Thursday, June 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. CARREFOUR SA/S presently has an average rating of “Hold” and a consensus price target of $4.25.

OTCMKTS CRRFY remained flat at $$3.92 during trading on Wednesday. 161,934 shares of the company’s stock were exchanged, compared to its average volume of 239,584. CARREFOUR SA/S has a one year low of $2.99 and a one year high of $4.15.

CARREFOUR SA/S Company Profile

Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations.

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