Credit Agricole (CRARY) Projected to Post Earnings on Wednesday

Credit Agricole (OTCMKTS:CRARY) is anticipated to issue its results before the market opens on Wednesday, February 4th. Analysts expect the company to announce earnings of $0.28 per share for the quarter.

Credit Agricole Trading Up 1.1%

CRARY opened at $10.91 on Tuesday. The stock’s fifty day simple moving average is $10.16 and its 200 day simple moving average is $9.72. Credit Agricole has a 1-year low of $7.26 and a 1-year high of $10.95. The stock has a market cap of $66.03 billion, a PE ratio of 8.39 and a beta of 0.65.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Oddo Bhf raised shares of Credit Agricole from a “neutral” rating to an “outperform” rating in a research report on Tuesday, January 27th. Zacks Research lowered shares of Credit Agricole from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Credit Agricole in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Credit Agricole in a report on Friday, December 19th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

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.