Crédit Agricole S.A. (OTCMKTS:CRARY) Receives $13.85 Consensus PT from Analysts

Shares of Crédit Agricole S.A. (OTCMKTS:CRARY) have been given an average recommendation of “Hold” by the eleven analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $13.85.

A number of research firms have recently issued reports on CRARY. Morgan Stanley upped their price target on Crédit Agricole from €15.00 ($17.65) to €15.50 ($18.24) and gave the company an “equal weight” rating in a research report on Thursday, August 12th. Berenberg Bank upped their price target on Crédit Agricole from €11.30 ($13.29) to €12.00 ($14.12) and gave the company a “hold” rating in a research report on Monday, August 9th. JPMorgan Chase & Co. upped their price target on Crédit Agricole from €16.00 ($18.82) to €17.00 ($20.00) and gave the company an “overweight” rating in a research report on Friday, August 6th. Deutsche Bank Aktiengesellschaft upped their price target on Crédit Agricole from €15.00 ($17.65) to €16.00 ($18.82) and gave the company a “buy” rating in a research report on Monday, August 9th. Finally, Zacks Investment Research upgraded Crédit Agricole from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a research report on Tuesday, September 14th.

Shares of OTCMKTS:CRARY traded up $0.02 during trading on Friday, hitting $7.24. 52,628 shares of the company’s stock were exchanged, compared to its average volume of 60,742. The business’s 50-day simple moving average is $7.04 and its 200 day simple moving average is $7.20. Crédit Agricole has a 52-week low of $3.76 and a 52-week high of $8.16. The company has a market cap of $44.77 billion, a price-to-earnings ratio of 9.65 and a beta of 1.87.

Crédit Agricole (OTCMKTS:CRARY) last announced its earnings results on Thursday, August 5th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.07. Crédit Agricole had a return on equity of 6.50% and a net margin of 18.33%. The business had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.24 billion. Research analysts expect that Crédit Agricole will post 0.92 EPS for the current fiscal year.

Crédit Agricole Company Profile

Credit Agricole SA engages in the provision of banking and financial services. It operates through the following segments: French Retail Banking – Regional Banks, French Retail Banking – LCL, International Retail Banking, Savings Management & Insurance, Specialized Financial Services, Corporate & Investment Banking, and Corporate Centre.

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Analyst Recommendations for Crédit Agricole (OTCMKTS:CRARY)

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