Carrefour SA (CA) Receives €18.05 Average Target Price from Analysts

Shares of Carrefour SA (EPA:CA) have been given a consensus rating of “Hold” by the thirteen research firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is €18.05 ($20.99).

Several research firms recently commented on CA. JPMorgan Chase & Co. set a €14.50 ($16.86) target price on Carrefour and gave the stock a “sell” rating in a report on Friday, March 29th. Sanford C. Bernstein set a €18.00 ($20.93) price objective on Carrefour and gave the company a “neutral” rating in a report on Wednesday, January 30th. HSBC set a €21.00 ($24.42) price objective on Carrefour and gave the company a “buy” rating in a report on Wednesday, February 20th. Kepler Capital Markets set a €20.50 ($23.84) price objective on Carrefour and gave the company a “buy” rating in a report on Wednesday, February 6th. Finally, Jefferies Financial Group set a €16.00 ($18.60) price objective on Carrefour and gave the company a “neutral” rating in a report on Wednesday, January 23rd.

Carrefour has a 1-year low of €16.31 ($18.97) and a 1-year high of €23.68 ($27.53).

About Carrefour

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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Analyst Recommendations for Carrefour (EPA:CA)

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