Wednesday, November 7, 2012

Analysts Confirm my views on Carrefour

Several analysts have reported recently on Carrefour. Mots confirm my view that the shares are still inexpensive and my target of E25 is looking like about the m,id point. See below



Macquarie reaffirmed their outperform rating on shares ofCarrefour SA (EPA: CA) in a research note released on Tuesday morning. They currently have a $28.21 (€22) price target on the stock.

A number of other firms have also recently commented on CA. Analysts at CIC Securities reiterated a buy rating on shares of Carrefour SA in a research note to investors on Thursday, November 1st. They now have a $30.52 price target on the stock. Separately, analysts at Jyske Bank reiterated a strong-buy rating on shares of Carrefour SA in a research note to investors on Tuesday, October 30th. They now have a $28.21 price target on the stock. Finally, analysts at Oddo & Cie reiterated a neutral rating on shares of Carrefour SA in a research note to investors on Friday, October 26th. They now have a $24.03 price target on the stock.

Shares of Carrefour SA traded up 0.48% during mid-day trading on Tuesday, hitting €18.86. Carrefour SA has a one year low of €12.87 and a one year high of €20.50. The company has a market cap of €12.415 billion and a P/E ratio of 20.95.

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