Zacks Investment Research upgraded shares of Credit Agricole (OTCMKTS:CRARY) from a sell rating to a hold rating in a research report sent to investors on Friday, March 9th.
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. “
CRARY traded down $0.09 during midday trading on Friday, reaching $8.05. 96,131 shares of the company’s stock were exchanged, compared to its average volume of 85,431. The stock has a market cap of $46,334.59, a price-to-earnings ratio of 11.67 and a beta of 1.57. Credit Agricole has a one year low of $6.17 and a one year high of $9.62.
Credit Agricole (OTCMKTS:CRARY) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.15 EPS for the quarter. The firm had revenue of $5.48 billion during the quarter. Credit Agricole had a net margin of 18.75% and a return on equity of 6.07%. analysts expect that Credit Agricole will post 0.8 earnings per share for the current fiscal year.
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About Credit Agricole
Credit Agricole SA provides retail, corporate, insurance, and investment banking products and services worldwide. The company operates through five segments: Asset gathering; French Retail Banking – LCL; International Retail Banking; Specialised Financial Services; and Large customers. It offers payment instruments, loans, saving products, and payment management products and services; and savings/retirement, death and disability/creditor/group, and property and casualty insurance products.
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