Equities Analysts Issue Forecasts for CARREFOUR SA/S’s FY2019 Earnings (OTCMKTS:CRRFY)

Equities Analysts Issue Forecasts for CARREFOUR SA/S’s FY2019 Earnings (OTCMKTS:CRRFY)

CARREFOUR SA/S (OTCMKTS:CRRFY) – Analysts at Jefferies Financial Group lifted their FY2019 earnings per share estimates for CARREFOUR SA/S in a research report issued to clients and investors on Wednesday, June 26th, according to Zacks Investment Research. Jefferies Financial Group analyst J. Grzinic now forecasts that the company will post earnings of $0.25 per share for the year, up from their prior estimate of $0.24. Jefferies Financial Group also issued estimates for CARREFOUR SA/S’s FY2020 earnings at $0.27 EPS and FY2021 earnings at $0.28 EPS.

A number of other brokerages have also commented on CRRFY. Berenberg Bank reissued a “hold” rating and set a GBX 285 ($3.72) price objective on shares of in a report on Wednesday, June 12th. Zacks Investment Research lowered Green Plains from a “hold” rating to a “strong sell” rating in a report on Thursday, June 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $4.25.

CRRFY traded up $0.06 during midday trading on Thursday, reaching $4.00. 59,209 shares of the company were exchanged, compared to its average volume of 239,620. The stock has a fifty day moving average of $3.83. CARREFOUR SA/S has a one year low of $2.99 and a one year high of $4.15.

CARREFOUR SA/S 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, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations.

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