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Carrefour: Barclays still a buyer

(CercleFinance.com) - Barclays maintains its outperform rating on the Carrefour stock, along with an increased target price of 22 euros.


The analyst notes that Carrefour's discount of about 20% relative to the sector average is all the more excessive as LFL sales in France are expected to accelerate and the next CMD (8 November) will probably be a positive catalyst for it.


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