Credit Agricole (OTCMKTS:CRARY) Stock Rating Upgraded by Keefe, Bruyette & Woods

Credit Agricole (OTCMKTS:CRARY) was upgraded by stock analysts at Keefe, Bruyette & Woods from a “moderate sell” rating to a “hold” rating in a research note issued on Friday,Zacks.com reports.

CRARY has been the topic of a number of other reports. Oddo Bhf raised shares of Credit Agricole from a “neutral” rating to an “outperform” rating in a research note on Tuesday, January 27th. Zacks Research downgraded shares of Credit Agricole from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Credit Agricole in a report on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Credit Agricole from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Credit Agricole Trading Down 1.1%

OTCMKTS CRARY opened at $9.73 on Friday. The stock has a market capitalization of $58.88 billion, a price-to-earnings ratio of 8.18 and a beta of 0.62. The business’s 50 day moving average is $10.50 and its two-hundred day moving average is $9.90. Credit Agricole has a 12-month low of $7.97 and a 12-month high of $11.33.

Credit Agricole (OTCMKTS:CRARY) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.10). The business had revenue of $8.11 billion during the quarter, compared to analysts’ expectations of $7.98 billion. Credit Agricole had a net margin of 24.65% and a return on equity of 37.56%.

Credit Agricole Company Profile

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.