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J.P. Morgan Remains a Sell on Carrefour (0NPH)
In a report released yesterday, Borja Olcese from J.P. Morgan maintained a Sell rating on Carrefour. The company’s shares closed last Wednesday at €16.44.
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According to TipRanks, Olcese is ranked #1728 out of 12161 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Carrefour with a $21.66 average price target.
Based on Carrefour’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €41.25 billion and a net profit of €720 million. In comparison, last year the company earned a revenue of €45.77 billion and had a net profit of €698 million
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