J.P. Morgan Sticks to Its Sell Rating for Carrefour (0NPH)
In a report released today, Borja Olcese from J.P. Morgan maintained a Sell rating on Carrefour (0NPH – Research Report), with a price target of €9.00. The company’s shares closed yesterday at €12.86.
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According to TipRanks, Olcese is a 4-star analyst with an average return of 9.5% and a 62.89% success rate. Olcese covers the Consumer Cyclical sector, focusing on stocks such as Koninklijke Ahold Delhaize N.V., Carrefour, and B&M European Value Retail SA.
Currently, the analyst consensus on Carrefour is a Strong Buy with an average price target of €16.28.
0NPH market cap is currently €9.26B and has a P/E ratio of 11.95.
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