Carrefour Sa Spon (CRRFY) Rating Increased to Hold at Zacks Investment Research

Carrefour Sa Spon (NASDAQ:CRRFY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Friday.

According to Zacks, “Carrefour S.A. operates hypermarkets, supermarkets, convenience stores and cash and carry stores in Europe, the Americas and Asia. Carrefour S.A. is headquartered in Boulogne-Billancourt, France. “

Several other research analysts also recently commented on the stock. Societe Generale downgraded shares of Carrefour Sa Spon from a “buy” rating to a “hold” rating in a report on Friday, February 17th. Barclays PLC downgraded shares of Carrefour Sa Spon from an “overweight” rating to an “equal weight” rating in a report on Tuesday, April 11th. Four research analysts have rated the stock with a hold rating, Carrefour Sa Spon has a consensus rating of “Hold” and an average target price of $5.75.

Shares of Carrefour Sa Spon (NASDAQ:CRRFY) opened at 4.77 on Friday. The firm has a market capitalization of $17.81 billion and a P/E ratio of 22.12. Carrefour Sa Spon has a 52-week low of $4.31 and a 52-week high of $5.64. The stock has a 50 day moving average of $4.63 and a 200-day moving average of $4.84.

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