Crédit Agricole S.A. (OTCMKTS:CRARY) Receives Consensus Recommendation of “Hold” from Analysts

Crédit Agricole S.A. (OTCMKTS:CRARYGet Rating) has earned an average rating of “Hold” from the twelve research firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $13.00.

A number of brokerages have recently weighed in on CRARY. UBS Group lowered their target price on Crédit Agricole from €13.40 ($14.11) to €12.40 ($13.05) in a research note on Tuesday, May 17th. Societe Generale lowered their price objective on Crédit Agricole from €15.20 ($16.00) to €14.00 ($14.74) and set a “buy” rating for the company in a research report on Friday, May 6th. AlphaValue upgraded Crédit Agricole from a “sell” rating to a “buy” rating in a research report on Wednesday, June 8th. Morgan Stanley lowered their price objective on Crédit Agricole from €10.70 ($11.26) to €10.00 ($10.53) and set an “underweight” rating for the company in a research report on Wednesday, June 15th. Finally, HSBC lowered Crédit Agricole from a “buy” rating to a “hold” rating in a research report on Wednesday, March 16th.

Shares of OTCMKTS:CRARY opened at $4.83 on Thursday. Crédit Agricole has a twelve month low of $4.49 and a twelve month high of $8.07. The firm has a market cap of $29.23 billion, a PE ratio of 5.29 and a beta of 1.78. The business has a fifty day moving average of $5.29 and a 200-day moving average of $6.25.

The business also recently announced a dividend, which was paid on Thursday, June 16th. Shareholders of record on Friday, May 27th were issued a dividend of $0.413 per share. This represents a yield of 7.56%. The ex-dividend date of this dividend was Thursday, May 26th. Crédit Agricole’s dividend payout ratio (DPR) is currently 44.21%.

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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Analyst Recommendations for Crédit Agricole (OTCMKTS:CRARY)

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