Goldman Sachs Group set a €15.90 ($18.49) price objective on Carrefour (EPA:CA) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
CA has been the topic of a number of other reports. Berenberg Bank set a €17.80 ($20.70) price objective on Carrefour and gave the company a neutral rating in a research note on Wednesday, July 31st. UBS Group set a €22.50 ($26.16) price objective on Carrefour and gave the company a buy rating in a research note on Friday, October 18th. JPMorgan Chase & Co. set a €15.50 ($18.02) price objective on Carrefour and gave the company a sell rating in a research note on Tuesday. Kepler Capital Markets set a €20.10 ($23.37) price objective on Carrefour and gave the company a buy rating in a research note on Wednesday, June 26th. Finally, Deutsche Bank set a €15.00 ($17.44) price objective on Carrefour and gave the company a neutral rating in a research note on Monday, October 7th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. Carrefour currently has a consensus rating of Hold and an average target price of €17.68 ($20.56).
Shares of EPA:CA traded down €0.11 ($0.13) on Wednesday, reaching €15.69 ($18.24). 1,801,364 shares of the company traded hands, compared to its average volume of 3,450,000. The business has a 50-day simple moving average of €15.85. Carrefour has a 52 week low of €16.31 ($18.97) and a 52 week high of €23.68 ($27.53).
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, convenience stores, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations.
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