CR AGRICOLE S A/ADR (OTCMKTS:CRARY) Stock Rating Upgraded 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 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.

Shares of CR AGRICOLE S A/ADR stock traded up $0.04 during trading hours on Thursday, reaching $6.86. The company’s stock had a trading volume of 79,600 shares, compared to its average volume of 136,309. The company’s 50 day simple moving average is $6.30 and its 200 day simple moving average is $6.05. CR AGRICOLE S A/ADR has a one year low of $5.11 and a one year high of $7.02. The stock has a market cap of $38.73 billion, a P/E ratio of 8.37 and a beta of 1.47.

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.

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