Skip to main content

Kepler Capital Sticks to Its Buy Rating for Carrefour (0NPH)

Tipranks - Thu Jan 22, 5:52AM CST

Kepler Capital analyst Francois Digard maintained a Buy rating on Carrefour on January 19 and set a price target of €16.10. The company’s shares closed yesterday at €13.92.

Claim 50% Off TipRanks Premium

Digard covers the Consumer Defensive sector, focusing on stocks such as Carrefour, J Sainsbury plc, and Etablissementen Franz Colruyt NV. According to TipRanks, Digard has an average return of 8.1% and a 69.09% success rate on recommended stocks.

Carrefour has an analyst consensus of Moderate Buy, with a price target consensus of €17.05, a 22.53% upside from current levels. In a report released on January 14, Citi also maintained a Buy rating on the stock with a €18.00 price target.

Based on Carrefour’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €42.67 billion and a GAAP net loss of €401 million. In comparison, last year the company earned a revenue of €41.4 billion and had a net profit of €25 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.