Carrefour: Oddo still a buyer before Q2 results.
(CercleFinance.com) - Oddo is maintaining its buy rating on the Carrefour stock with a target price of 28 euros prior to the group's announcement of Q2 2017 sales figures.
Oddo said that the arrival of Alexandre Bompard on 18 July in our opinion opens a new story with the prospect of actions made on non-food and digital.
Analysts expect Q2 2017 consolidated sales of 21.5 billion euros, up 4.8% as reported, and up 2% in organic terms (compared with +1.9% in Q1 2017).
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
Oddo said that the arrival of Alexandre Bompard on 18 July in our opinion opens a new story with the prospect of actions made on non-food and digital.
Analysts expect Q2 2017 consolidated sales of 21.5 billion euros, up 4.8% as reported, and up 2% in organic terms (compared with +1.9% in Q1 2017).
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.