Carrefour SA (OTCMKTS:CRRFY) Given Average Rating of “Moderate Buy” by Brokerages

Carrefour SA (OTCMKTS:CRRFY) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.

CRRFY has been the subject of a number of recent research reports. Royal Bank Of Canada began coverage on Carrefour in a research note on Monday, July 6th. They set a “moderate buy” rating for the company. UBS Group raised shares of Carrefour from a “hold” rating to a “buy” rating in a report on Wednesday, July 1st.

Carrefour Stock Performance

Carrefour stock opened at $3.67 on Tuesday. Carrefour has a one year low of $2.85 and a one year high of $4.13. The stock has a fifty day moving average of $3.68 and a 200 day moving average of $3.74. The company has a current ratio of 0.87, a quick ratio of 0.63 and a debt-to-equity ratio of 0.83.

Carrefour Company Profile

Carrefour is a French multinational retail corporation established in 1959 and headquartered in Boulogne-Billancourt, France. As one of the world’s largest retail chains, the company pioneered the hypermarket concept in Europe, combining a supermarket and department store under one roof. Over the decades, Carrefour has expanded its footprint to encompass a variety of store formats, including hypermarkets, supermarkets, cash & carry outlets, convenience stores and e-commerce platforms, catering to a wide range of consumer needs.

Carrefour’s core business activities revolve around food retailing, non-food products and services.