COLRUYT SA/ADR (OTCMKTS:CUYTY) Lowered to “Sell” at Zacks Investment Research

Zacks Investment Research lowered shares of COLRUYT SA/ADR (OTCMKTS:CUYTY) from a hold rating to a sell rating in a report issued on Friday, reports.

According to Zacks, “Colruyt SA engages in the retail and distribution of food and non-food products as well as fuels. Its operating segment includes Retail, Wholesale and Food Service, and Other Activities. Retail segment includes stores under the management that directly supplies retail customers and bulk consumers. Wholesale and Food Service segment supplies wholesalers, bulk customers, and affiliated independent merchants. Other Activities segment includes businesses such as filling stations, printing and document management and alternative energy. Colruyt SA is headquartered in Halle, Belgium. “

Separately, ValuEngine lowered COLRUYT SA/ADR from a hold rating to a sell rating in a report on Friday, July 12th.

COLRUYT SA/ADR stock opened at $12.30 on Friday. COLRUYT SA/ADR has a 1 year low of $12.30 and a 1 year high of $18.48. The company’s fifty day moving average price is $13.67 and its 200 day moving average price is $16.79. The stock has a market capitalization of $7.39 billion, a P/E ratio of 15.19, a P/E/G ratio of 7.56 and a beta of -0.41.

COLRUYT SA/ADR Company Profile

Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, and food service activities in Belgium, France, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company operates food retail store network that includes 239 Colruyt stores, 135 OKay stores, 27 Bio- Planet stores, and 3 Cru stores, as well as 43 Dreamland stores in Belgium and 2 in France.

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