CARREFOUR SA/S (OTCMKTS:CRRFY) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of CARREFOUR SA/S (OTCMKTS:CRRFY) from a sell rating to a hold rating in a research report released on Wednesday morning, Zacks.com reports.

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. “

CRRFY stock opened at $3.25 on Wednesday. The stock’s 50 day moving average price is $3.41 and its 200 day moving average price is $3.59. The firm has a market cap of $12.86 billion, a P/E ratio of 11.61, a PEG ratio of 1.09 and a beta of 0.82. CARREFOUR SA/S has a 1 year low of $3.20 and a 1 year high of $4.15.

About CARREFOUR SA/S

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, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations.

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