Carrefour S.A., FR0000120172

Carrefour stock: RBC Capital maintains EUR 22.00 target for Carrefour stock

Published on 10/16/2026 at 17:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carrefour reports on October 20, 2026. Carrefour stock stood at EUR 16.62 on October 16, 2026 on Tradegate, 0.18 percent below the Xetra close.

Analyst target and reporting date

RBC Capital maintained its Buy rating and set a EUR 22.00 target on October 12, 2026.
Carrefour's third-quarter revenue update is scheduled for October 20, 2026.
Carrefour stock stood at EUR 16.62 on Tradegate on October 16, 2026, 0.18 percent below the Xetra close of October 15, 2026.
Carrefour's market capitalization was EUR 11.7 billion and its P/E ratio was 14.76.

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RBC Capital maintained its Buy rating on Carrefour and set a EUR 22.00 price target on October 12, 2026, putting the target 32.37 percent above the Tradegate price of EUR 16.62. Markets Insider reported that RBC Capital analyst Manjari Dhar maintained the Buy rating and set the target. Carrefour stock stood at EUR 16.62 on Tradegate on October 16, 2026 at 1:06 p.m. CEST, minus 0.18 percent versus the Xetra close of October 15, 2026 at EUR 16.65.

RBC target sits 32.37 percent higher

The analyst target gives Carrefour a clear valuation reference in the same currency as the German-market quotation. The EUR 5.38 gap between EUR 16.62 and EUR 22.00 is the largest investor-focused figure in the latest analyst view. A consensus average target of EUR 18.50 was also reported by Markets Insider, but the RBC target is the more recent named-house signal.

Half-year margin was 19.10 percent

Carrefour's first-half 2026 commercial margin declined by 28 basis points to 19.10 percent of revenue, while the company had realized EUR 490.00 million of its EUR 1.00 billion 2026 cost-saving plan. Ideal Investisseur reported these figures with the July 23, 2026 half-year results. The margin pressure matters because price investment can support sales while limiting near-term profitability.

The stock stays inside its yearly range

Carrefour's 52-week range is EUR 12.63 to EUR 17.54, placing the Tradegate price EUR 0.92 below the high and EUR 3.99 above the low. The market capitalization is EUR 11.7 billion, while the P/E ratio is 14.76. The stock therefore sits below its yearly peak while carrying a valuation measure above zero.

October 20 brings the next date

Carrefour's third-quarter revenue update is scheduled for October 20, 2026, according to Ideal Investisseur. Barclays had expected comparable third-quarter growth of 2.00 percent excluding fuel and calendar effects in an October 5, 2026 market note. Fortuneo reported that Barclays reduced its target from EUR 18.00 to EUR 17.80.

Comparison with peers

Carrefour (Tradegate, EUR): minus 0.18 percent, P/E 14.76, market capitalization EUR 11.7 billion
Casino, Guichard-Perrachon (Euronext Paris, EUR): plus 1.82 percent, P/E minus 0.18, market capitalization EUR 71.8 million
CAC 40 (Euronext Paris, EUR): plus 0.29 percent, index level 7,934.70

Price remains below the October 15 close

At EUR 16.62, the Tradegate quotation was EUR 0.03 below the Xetra close of EUR 16.65 on October 15, 2026. The next scheduled company date is October 20, while the RBC target remains EUR 5.38 above the latest German-market quotation.