Etn. Fr. Colruyt (OTCMKTS:CUYTY) PT Lowered to €25.00

Etn. Fr. Colruyt (OTCMKTS:CUYTY – Get Rating) had its target price cut by stock analysts at Barclays from €29.00 ($30.21) to €25.00 ($26.04) in a research note issued on Thursday, The Fly reports. The firm currently has an “underweight” rating on the stock.

Separately, Kepler Capital Markets cut Etn. Fr. Colruyt from a “buy” rating to a “hold” rating and decreased their price objective for the company from €45.00 ($46.88) to €29.00 ($30.21) in a research note on Thursday.

OTCMKTS:CUYTY traded up $0.13 during midday trading on Thursday, reaching $7.13. The company had a trading volume of 813 shares, compared to its average volume of 1,384. Etn. Fr. Colruyt has a 12-month low of $6.95 and a 12-month high of $14.51. The company has a current ratio of 0.81, a quick ratio of 0.48 and a debt-to-equity ratio of 0.21. The stock’s fifty day simple moving average is $8.80 and its 200-day simple moving average is $9.80.

Etn. Fr. Colruyt Company Profile (Get Rating)

Etn. Fr. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. As of June 17, 2021, the company operated 248 Colruyt stores, 145 OKay stores, 31 Bio-Planet stores, 45 Dreamland stores, 29 Dreambaby stores, and 3 Cru stores in Belgium and Luxembourg, as well as 85 Colruyt stores in France.

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