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Carrefour (EPA:CA) stock price target increased to 24.00EUR, issued a research note today by Deutsche Bank AG

Yesterday Carrefour (EPA:CA) traded 0.57% higher at 22.58EUR. The company’s 50-day moving average is 32.16EUR and its 200-day moving average is 32.58EUR. The last closing price is down -2.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 2,263,574 shares of the stock were exchanged, down from an average trading volume of 2,698,810

In a statement issued on 2/9/2017 Deutsche Bank AG upped the price target of Carrefour (EPA:CA) to 24.00EUR indicating a possible upside of 0.06%.

Previously on 2/8/2017, Deutsche Bank AG reported on Carrefour (EPA:CA) raised the target price from 0.00EUR to 24.00EUR. At the time, this indicated a possible upside of 0.06%.

See Chart Below

Carrefour (EPA:CA)

Carrefour has a 52 week low of 27.50EUR and a 52 week high of 34.99EUR with a P/E ratio of 16.85 The company’s market cap is currently 0 EUR.

In addition to Deutsche Bank AG reporting its target price, a total of 10 brokers have issued a report on the stock. The consensus target price is 31.70EUR with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 8 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Carrefour (EPA:CA)

Carrefour SA is a France-based company that is primarily engaged in retail distribution sector. The Company operates a network of hypermarkets, supermarkets, hard discount stores, convenience stores and cash-and-carry outlets and offers e-commerce services. The Company's hypermarkets named Carrefour offer a range of food and non-food products. Carrefour SA's hypermarkets, supermarkets and convenience stores are operating under the Carrefour city, Carrefour contact, Carrefour express, 8aHuit, Shopi, Marche Plus, Proxi banners and cash & carry stores are operating under the Promocash banner, which primarily offer food, clothing and household goods, among others. The Company operates convenience stores and owns Dia France SAS, among others. In April 2014, Klepierre SA completed disposal of portfolio of Carrefour-anchored retail galleries located in France, Spain and Italy, to consortium led by Carrefour SA.

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