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

Zacks Investment Research upgraded shares of Carrefour Sa Spon (NASDAQ:CRRFY) from a sell rating to a hold rating in a research report released on Friday, April 14th.

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. “

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

Shares of Carrefour Sa Spon (NASDAQ:CRRFY) remained flat at $5.10 during midday trading on Friday. The company had a trading volume of 233,658 shares. Carrefour Sa Spon has a 1-year low of $4.31 and a 1-year high of $5.57. The company has a market cap of $19.04 billion and a price-to-earnings ratio of 23.25. The stock’s 50 day moving average is $4.71 and its 200 day moving average is $4.81.

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