JPMorgan Chase & Co. Trims Crédit Agricole (OTCMKTS:CRARY) Target Price to €10.50

Crédit Agricole (OTCMKTS:CRARYGet Rating) had its target price cut by research analysts at JPMorgan Chase & Co. from €11.00 ($11.58) to €10.50 ($11.05) in a research report issued on Thursday, The Fly reports.

Several other brokerages also recently issued reports on CRARY. AlphaValue raised shares of Crédit Agricole from a “sell” rating to a “buy” rating in a research note on Wednesday, June 8th. Jefferies Financial Group lowered shares of Crédit Agricole from a “buy” rating to a “hold” rating in a research report on Friday, April 8th. Berenberg Bank dropped their price target on shares of Crédit Agricole from €12.30 ($12.95) to €11.50 ($12.11) in a research report on Thursday, May 19th. HSBC lowered shares of Crédit Agricole from a “buy” rating to a “hold” rating in a research report on Wednesday, March 16th. Finally, UBS Group dropped their price objective on shares of Crédit Agricole from €13.40 ($14.11) to €12.40 ($13.05) in a research report on Tuesday, May 17th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $12.69.

Shares of CRARY traded down $0.04 on Thursday, hitting $4.83. 414,217 shares of the stock traded hands, compared to its average volume of 289,291. The firm has a market capitalization of $29.23 billion, a P/E ratio of 5.08 and a beta of 1.78. The stock’s 50 day moving average is $5.29 and its two-hundred day moving average is $6.25. Crédit Agricole has a 1 year low of $4.49 and a 1 year high of $8.07.

Crédit Agricole Company Profile (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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