Cr AGRICOLE S A/ADR (CRARY) Upgraded to Buy by Zacks Investment Research
Cr AGRICOLE S A/ADR (OTCMKTS:CRARY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Monday. The firm presently has a $8.00 price target on the stock. Zacks Investment Research‘s price objective would indicate a potential upside of 10.57% from the stock’s previous close.
According to Zacks, “Credit Agricole S.A. markets a complete range of financial products and services. It offers savings, investments, life insurance, credit, payment and insurance services. Its activities are organized into three business lines: Central body: it ensures the cohesion and smooth functioning of the network, and represents the Group with banking authorities; Specialized business: it provides asset management, insurance, private banking, consumer credit, leasing, factoring and Banking and investment. The strength of its retail bank and know -how of its subsidiaries enable it to intervene in all areas of banking and finance. Credit Agricole is headquartered in Paris, France. “
Separately, ValuEngine cut Cr AGRICOLE S A/ADR from a “hold” rating to a “sell” rating in a report on Friday, June 1st.
Cr AGRICOLE S A/ADR (OTCMKTS:CRARY) last announced its earnings results on Friday, August 3rd. The company reported $0.27 EPS for the quarter. Cr AGRICOLE S A/ADR had a return on equity of 6.28% and a net margin of 18.76%. The business had revenue of $6.17 billion for the quarter. research analysts expect that Cr AGRICOLE S A/ADR will post 0.72 earnings per share for the current year.
Cr AGRICOLE S A/ADR Company Profile
Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through five segments: Asset Gathering; French Retail Banking – LCL; International Retail Banking; Specialised Financial Services; and Large Customers. The company offers payment instruments, loans, and saving products; savings/retirement, death and disability/creditor/group, and property and casualty insurance products; and expertise and investment solutions for active, passive, real estate, and alternative asset management.
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