Credit Agricole (OTCMKTS:CRARY) Reaches New 12-Month High – What’s Next?

Credit Agricole SA (OTCMKTS:CRARY) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $10.95 and last traded at $10.95, with a volume of 67299 shares. The stock had previously closed at $10.79.

Analyst Ratings Changes

CRARY has been the subject of a number of recent research reports. Oddo Bhf raised Credit Agricole from a “neutral” rating to an “outperform” rating in a research report on Tuesday, January 27th. Zacks Research cut shares of Credit Agricole from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Credit Agricole in a report on Friday, December 19th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Credit Agricole in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Credit Agricole presently has a consensus rating of “Moderate Buy”.

Credit Agricole Stock Up 0.9%

The firm has a fifty day moving average of $10.13 and a 200-day moving average of $9.71. The stock has a market capitalization of $65.87 billion, a price-to-earnings ratio of 8.37 and a beta of 0.65.

Credit Agricole (OTCMKTS:CRARY) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01. Credit Agricole had a net margin of 27.03% and a return on equity of 37.56%.

About Credit Agricole

Crédit Agricole (OTCMKTS:CRARY) is a major French banking group that provides a broad range of financial services to retail, corporate and institutional clients. Headquartered in France, the group combines a large domestic retail banking franchise with international wholesale banking, asset management, insurance and specialized financial services. Its operations are organized through a network of regional cooperative banks together with a centrally managed listed entity that coordinates group strategy and capital markets activities.

The company’s core businesses include retail and commercial banking products such as current accounts, savings, mortgages, consumer loans and payment services delivered through its regional bank network and retail subsidiaries.