Carrefour (CA) Given a €18.50 Price Target by HSBC Analysts

HSBC set a €18.50 ($21.51) price target on Carrefour (EPA:CA) in a report released on Thursday morning. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued reports about the stock. Deutsche Bank set a €15.00 ($17.44) price objective on shares of Carrefour and gave the stock a neutral rating in a research note on Friday, July 27th. Kepler Capital Markets set a €15.00 ($17.44) target price on shares of Carrefour and gave the company a neutral rating in a report on Friday, July 27th. Goldman Sachs Group set a €15.20 ($17.67) target price on shares of Carrefour and gave the company a neutral rating in a report on Thursday, July 12th. JPMorgan Chase & Co. set a €14.50 ($16.86) target price on shares of Carrefour and gave the company a neutral rating in a report on Thursday, July 26th. Finally, Barclays set a €15.60 ($18.14) target price on shares of Carrefour and gave the company a neutral rating in a report on Friday, July 27th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. Carrefour has an average rating of Hold and an average target price of €17.29 ($20.10).

Shares of Carrefour stock traded up €0.05 ($0.06) during trading hours on Thursday, reaching €16.94 ($19.70). 5,200,000 shares of the company’s stock were exchanged, compared to its average volume of 3,450,000. Carrefour has a fifty-two week low of €16.31 ($18.97) and a fifty-two week 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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