Carrefour Shares Down 1.55% at Close This Tuesday

Market Performance and Technical Indicators

Carrefour saw a decline of 1.55% this Tuesday, settling at 13.70 euros at the end of the session, with only 0.3% of its capital being traded. Over the past week, the decline has intensified to 3.79%. The stock is now trading slightly below its 50-day moving average of 13.71 euros, indicating a hesitant technical momentum. The RSI stands at 42, suggesting the stock is neither overbought nor oversold, but remains under pressure. On January 12, Carrefour joined Google's Universal Commerce Protocol, an open standard that allows AI agents to streamline the online shopping journey. The brand thus becomes the first French and European food retailer to adopt this technology. Customers will eventually be able to purchase directly from Google Search or Gemini, without leaving the Google interface. Despite this strategic announcement, the market did not react positively, with the stock losing ground in the following days.

Analyst Recommendations and Market Sentiment

Analyst recommendations contrast with the stock's current gloominess. Citi lowered its price target from 19 to 18 euros on January 14, while maintaining a buy recommendation. This target remains 31.4% above the last closing price, indicating significant revaluation potential. In December, Alphavalue also revised its position from buy to accumulate, signaling nuanced confidence in the stock's trajectory. Technically, the retailer is trading within a narrow range defined by a support at 13.43 euros and a resistance at 14.41 euros. The proximity to the lower threshold underscores the current fragility, in a context where the retail sector is going through a period of economic uncertainty. The group awaits its annual results on February 17, 2026, a pivotal date to confirm or refute the operational dynamics.