Colruyt (OTCMKTS:CUYTY) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Colruyt (OTCMKTS:CUYTY) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Several other research firms have also issued reports on CUYTY. Sanford C. Bernstein began coverage on shares of Colruyt in a research report on Friday, May 15th. They set a “market perform” rating on the stock. Oddo Bhf raised shares of Colruyt to an “outperform” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Colruyt Stock Performance

OTCMKTS:CUYTY opened at $10.43 on Monday. Colruyt has a twelve month low of $9.34 and a twelve month high of $10.50. The stock’s 50 day moving average price is $9.69 and its two-hundred day moving average price is $9.53. The company has a quick ratio of 0.55, a current ratio of 0.87 and a debt-to-equity ratio of 0.20.

Colruyt Company Profile

Colruyt Group is a Belgium-based retail and wholesale company known for its range of food and non-food products. Founded in 1928 by Franz Colruyt, the company has developed a reputation for competitive pricing and operational efficiency. It operates a network of branded supermarkets and hypermarkets under the Colruyt name, catering to both household shoppers and business clients.

In addition to its core supermarket operations, Colruyt Group manages several specialized retail formats and services.