Crédit Agricole (OTCMKTS:CRARY) Upgraded at AlphaValue

Crédit Agricole (OTCMKTS:CRARYGet Rating) was upgraded by AlphaValue from a “sell” rating to a “buy” rating in a research note issued on Wednesday, The Fly reports.

Other equities analysts have also recently issued reports about the stock. Morgan Stanley cut shares of Crédit Agricole from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, April 13th. JPMorgan Chase & Co. cut Crédit Agricole from a “neutral” rating to an “underweight” rating in a report on Thursday, May 19th. Barclays cut Crédit Agricole from an “overweight” rating to an “equal weight” rating and set a $14.10 target price on the stock. in a report on Wednesday, April 13th. Jefferies Financial Group cut Crédit Agricole from a “buy” rating to a “hold” rating in a report on Friday, April 8th. Finally, Berenberg Bank reduced their target price on Crédit Agricole from €12.30 ($13.23) to €11.50 ($12.37) in a report on Thursday, May 19th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $12.64.

CRARY opened at $5.34 on Wednesday. Crédit Agricole has a fifty-two week low of $5.07 and a fifty-two week high of $8.07. The firm’s fifty day moving average price is $5.47 and its two-hundred day moving average price is $6.40. The company has a market capitalization of $32.32 billion, a P/E ratio of 5.62 and a beta of 1.78.

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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