Crédit Agricole (OTCMKTS:CRARY) Given New €11.50 Price Target at Berenberg Bank

Crédit Agricole (OTCMKTS:CRARYGet Rating) had its price objective lowered by Berenberg Bank from €12.30 ($12.81) to €11.50 ($11.98) in a research report report published on Thursday morning, The Fly reports.

Other equities research analysts have also issued reports about the stock. Jefferies Financial Group lowered shares of Crédit Agricole from a buy rating to a hold rating in a research report on Friday, April 8th. Societe Generale decreased their price objective on shares of Crédit Agricole from €15.20 ($15.83) to €14.00 ($14.58) and set a buy rating on the stock in a research report on Friday, May 6th. Zacks Investment Research lowered shares of Crédit Agricole from a buy rating to a hold rating in a report on Thursday, February 24th. JPMorgan Chase & Co. lowered shares of Crédit Agricole from a neutral rating to an underweight rating in a report on Thursday. Finally, Credit Suisse Group dropped their price objective on shares of Crédit Agricole from €12.50 ($13.02) to €12.00 ($12.50) in a research note on Friday, May 6th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Crédit Agricole presently has an average rating of Hold and an average price target of $12.64.

Shares of CRARY stock traded up $0.07 during trading hours on Thursday, reaching $5.46. 166,758 shares of the company’s stock were exchanged, compared to its average volume of 208,745. The company has a market cap of $33.01 billion, a P/E ratio of 5.74 and a beta of 1.79. The company’s 50 day moving average is $5.56 and its two-hundred day moving average is $6.58. Crédit Agricole has a 1 year low of $5.07 and a 1 year high of $8.07.

About Crédit Agricole (Get Rating)

Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through Asset Gathering; Large Customers; Specialised Financial Services; French Retail Banking – LCL; and International Retail Banking. The company offers banking products and services, including savings and current accounts and deposits, finance, payments, and flow management services; consumer finance products; and banking and specialized financial services.

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