Carrefour SA (OTCMKTS:CRRFY) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Carrefour SA (OTCMKTS:CRRFY) have received an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada started coverage on shares of Carrefour in a research note on Monday, July 6th. They issued a “moderate buy” rating on the stock. UBS Group upgraded Carrefour from a “hold” rating to a “buy” rating in a research note on Wednesday, July 1st.

Carrefour Price Performance

Carrefour stock opened at $3.74 on Friday. Carrefour has a 52 week low of $2.90 and a 52 week high of $4.13. The company has a current ratio of 0.87, a quick ratio of 0.63 and a debt-to-equity ratio of 0.83. The stock has a 50 day moving average of $3.74 and a 200-day moving average of $3.76.

About Carrefour

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.