CR AGRICOLE S A/ADR (OTCMKTS:CRARY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday, Zacks.com reports. The firm presently has a $7.75 target price on the stock. Zacks Investment Research‘s price target suggests a potential upside of 12.94% from the stock’s current price.
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 shares of CR AGRICOLE S A/ADR from a “sell” rating to a “strong sell” rating in a report on Wednesday.
CR AGRICOLE S A/ADR (OTCMKTS:CRARY) last posted its quarterly earnings results on Friday, November 8th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.01). The firm had revenue of $5.59 billion for the quarter. Analysts expect that CR AGRICOLE S A/ADR will post 0.68 EPS 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for CR AGRICOLE S A/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CR AGRICOLE S A/ADR and related companies with MarketBeat.com's FREE daily email newsletter.