CR AGRICOLE S A/ADR (OTCMKTS:CRARY) Upgraded by Zacks Investment Research to “Buy”

CR AGRICOLE S A/ADR (OTCMKTS:CRARY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, reports. The brokerage presently has a $6.25 price objective on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 13.64% from the company’s current price.

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, UBS Group cut shares of CR AGRICOLE S A/ADR from a “buy” rating to a “neutral” rating in a research report on Monday, May 20th.

Shares of CR AGRICOLE S A/ADR stock traded down $0.14 on Wednesday, hitting $5.50. 2,340,216 shares of the company traded hands, compared to its average volume of 122,509. The company’s 50-day simple moving average is $5.95. The company has a current ratio of 1.94, a quick ratio of 1.94 and a debt-to-equity ratio of 5.19. The company has a market capitalization of $31.28 billion, a P/E ratio of 6.71 and a beta of 1.45. CR AGRICOLE S A/ADR has a 12-month low of $5.11 and a 12-month high of $7.61.

CR AGRICOLE S A/ADR (OTCMKTS:CRARY) last posted its quarterly earnings data on Friday, August 2nd. The company reported $0.22 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.01. The firm had revenue of $5.79 billion for the quarter. CR AGRICOLE S A/ADR had a net margin of 22.28% and a return on equity of 6.68%. Research analysts forecast that CR AGRICOLE S A/ADR will post 0.71 EPS for the current year.


Crédit Agricole SA provides retail, corporate, insurance, and investment banking products and services worldwide. It operates through five segments: Asset Gathering; French Retail Banking – LCL; International Retail Banking; Specialised Financial Services; and Large Customers. The company offers payment instruments, loans, and saving products; savings/retirement, death and disability/creditor/group, and property and casualty insurance products; and expertise and investment solutions for active, passive, real estate, and alternative asset management.

Featured Story: Treasury Bonds

Get a free copy of the Zacks research report on CR AGRICOLE S A/ADR (CRARY)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for CR AGRICOLE S A/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CR AGRICOLE S A/ADR and related companies with's FREE daily email newsletter.


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit