Carrefour (CA) Given a €15.00 Price Target by HSBC Analysts

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Carrefour (EPA:CA) has been assigned a €15.00 ($17.44) price objective by HSBC in a note issued to investors on Friday. The brokerage presently has a “neutral” rating on the stock. HSBC’s price objective indicates a potential downside of 11.45% from the company’s current price.

A number of other research firms have also commented on CA. JPMorgan Chase & Co. set a €14.50 ($16.86) price objective on shares of Carrefour and gave the company a “neutral” rating in a research report on Thursday, July 26th. Jefferies Financial Group set a €14.00 ($16.28) price objective on shares of Carrefour and gave the company a “neutral” rating in a research report on Friday, July 27th. UBS Group set a €22.00 ($25.58) price objective on shares of Carrefour and gave the company a “buy” rating in a research report on Friday, July 27th. Goldman Sachs Group set a €15.20 ($17.67) price objective on shares of Carrefour and gave the company a “neutral” rating in a research report on Thursday, July 12th. Finally, Barclays set a €15.60 ($18.14) price objective on shares of Carrefour and gave the company a “neutral” rating in a research report on Friday, July 27th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €16.72 ($19.44).

CA stock opened at €16.94 ($19.70) on Friday. Carrefour has a 12 month low of €16.31 ($18.97) and a 12 month high of €23.68 ($27.53).

Carrefour Company Profile

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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