Credit Agricole Sa (CRARY) Upgraded at Zacks Investment Research
Zacks Investment Research upgraded shares of Credit Agricole Sa (NASDAQ:CRARY) from a hold rating to a buy rating in a report issued on Monday morning. They currently have $10.00 price objective on the financial services provider’s stock.
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. “
Separately, HSBC Holdings plc cut Credit Agricole Sa from a buy rating to a hold rating in a research note on Friday, July 7th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of Buy and a consensus target price of $10.00.
Credit Agricole Sa (CRARY) opened at 8.94 on Monday. Credit Agricole Sa has a 1-year low of $4.68 and a 1-year high of $9.17.
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About Credit Agricole Sa
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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