JPMorgan Chase & Co. Reiterates “€17.00” Price Target for Carrefour (EPA:CA)
JPMorgan Chase & Co. set a €17.00 ($19.10) price objective on Carrefour (EPA:CA) in a research report report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on the stock. Berenberg Bank set a €14.80 ($16.63) target price on shares of Carrefour and gave the company a neutral rating in a research note on Tuesday, April 28th. UBS Group set a €17.00 ($19.10) target price on shares of Carrefour and gave the company a buy rating in a research note on Friday, July 17th. Jefferies Financial Group set a €16.00 ($17.98) target price on shares of Carrefour and gave the company a buy rating in a research note on Tuesday, July 28th. Goldman Sachs Group set a €13.80 ($15.51) target price on shares of Carrefour and gave the company a neutral rating in a research note on Wednesday. Finally, HSBC set a €19.00 ($21.35) price target on shares of Carrefour and gave the company a buy rating in a research report on Thursday, April 30th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Carrefour has a consensus rating of Buy and an average target price of €16.48 ($18.52).
EPA CA opened at €13.50 ($15.17) on Wednesday. The company’s 50-day simple moving average is €13.83 and its 200 day simple moving average is €14.30. Carrefour has a twelve month low of €16.31 ($18.33) and a twelve month high of €23.68 ($26.61).
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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