Carrefour (CA) Given a €18.50 Price Target by HSBC Analysts

Carrefour (EPA:CA) has been given a €18.50 ($21.51) price objective by equities researchers at HSBC in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. HSBC’s target price indicates a potential upside of 9.21% from the company’s previous close.

Several other equities analysts have also recently issued reports on the company. BNP Paribas set a €20.00 ($23.26) target price on Carrefour and gave the stock a “buy” rating in a research report on Tuesday, September 11th. Societe Generale set a €25.00 ($29.07) target price on Carrefour and gave the stock a “buy” rating in a research report on Friday, July 27th. UBS Group set a €22.00 ($25.58) target price on Carrefour and gave the stock a “buy” rating in a research report on Friday, September 7th. JPMorgan Chase & Co. set a €14.50 ($16.86) target price on Carrefour and gave the stock a “neutral” rating in a research report on Wednesday, August 29th. Finally, Sanford C. Bernstein set a €17.50 ($20.35) price target on Carrefour and gave the stock a “neutral” rating in a report on Monday, September 24th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. Carrefour currently has a consensus rating of “Hold” and a consensus price target of €17.24 ($20.04).

EPA CA opened at €16.94 ($19.70) on Thursday. 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.

Read More: Price to Earnings Ratio (PE)

Analyst Recommendations for Carrefour (EPA:CA)

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