JPMorgan Chase & Co. Reiterates “€20.00” Price Target for Carrefour (CA)

JPMorgan Chase & Co. set a €20.00 ($23.81) price objective on Carrefour (EPA:CA) in a research report released on Thursday morning. The firm currently has a neutral rating on the stock.

Several other research firms have also recently issued reports on CA. Deutsche Bank set a €14.00 ($16.67) price objective on Carrefour and gave the stock a sell rating in a report on Thursday. UBS Group set a €16.50 ($19.64) target price on Carrefour and gave the company a neutral rating in a report on Monday, January 8th. Societe Generale set a €18.00 ($21.43) target price on Carrefour and gave the company a neutral rating in a report on Monday, January 8th. Sanford C. Bernstein set a €15.50 ($18.45) target price on Carrefour and gave the company a sell rating in a report on Thursday, December 7th. Finally, Goldman Sachs Group set a €16.20 ($19.29) target price on Carrefour and gave the company a neutral rating in a report on Thursday, October 19th. Six investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of €17.94 ($21.36).

Shares of Carrefour (CA) opened at €18.36 ($21.86) on Thursday. Carrefour has a fifty-two week low of €16.31 ($19.42) and a fifty-two week high of €24.08 ($28.67). The stock has a market capitalization of $14,220.00 and a price-to-earnings ratio of 19.53.

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About Carrefour

Carrefour SA is a France-based company that is primarily engaged in retail distribution sector. The Company operates a network of hypermarkets, supermarkets, hard discount stores, convenience stores and cash-and-carry outlets and offers e-commerce services. The Company’s hypermarkets named Carrefour offer a range of food and non-food products.

Analyst Recommendations for Carrefour (EPA:CA)

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