CR AGRICOLE S A/ADR (OTCMKTS:CRARY) Downgraded to “Sell” at Zacks Investment Research

CR AGRICOLE S A/ADR (OTCMKTS:CRARY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, Zacks.com reports.

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. “

Several other brokerages have also issued reports on CRARY. Bank of America lifted their price target on shares of Stagecoach Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the company an “outperform” rating in a research note on Wednesday, April 3rd. UBS Group lowered shares of CR AGRICOLE S A/ADR from a “buy” rating to a “neutral” rating in a research note on Monday, May 20th.

CRARY stock traded up $0.01 during midday trading on Monday, hitting $6.15. The company’s stock had a trading volume of 90,911 shares, compared to its average volume of 114,301. CR AGRICOLE S A/ADR has a twelve month low of $5.11 and a twelve month high of $7.61. The business has a fifty day moving average price of $5.89. The firm has a market cap of $34.90 billion, a PE ratio of 7.50 and a beta of 1.46.

About CR AGRICOLE S A/ADR

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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