Carrefour SA (OTCMKTS:CRRFY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

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

CRRFY has been the topic of several research analyst reports. Royal Bank Of Canada began coverage on shares of Carrefour in a report on Monday, July 6th. They issued a “moderate buy” rating on the stock. UBS Group raised Carrefour from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st.

Carrefour Stock Performance

Carrefour stock opened at $3.83 on Friday. Carrefour has a 1-year low of $2.85 and a 1-year high of $4.13. The company has a quick ratio of 0.63, a current ratio of 0.87 and a debt-to-equity ratio of 0.83. The firm’s 50 day simple moving average is $3.73 and its 200 day simple moving average is $3.75.

Carrefour Company Profile

Carrefour SA is a French multinational retail company that operates hypermarkets, supermarkets, convenience stores and cash-and-carry outlets. Its product offerings include groceries, fresh food, consumer goods, household products, clothing and selected non-food merchandise. The company also serves customers through e-commerce platforms and offers private-label products and related services.

Founded in 1959, Carrefour opened one of the world’s first hypermarkets in Sainte-Geneviève-des-Bois, France, in 1960.