Credit Agricole (OTCMKTS:CRARY) Stock Price Up 0.4% - Should You Buy?

Key Points

• Credit Agricole's ADR (OTCMKTS:CRARY) rose 0.4% to $9.45 on Monday, trading as high as $9.52 with about 226,908 shares changing hands, down ~37% from average volume.
• Analysts hold a consensus of Hold (one Buy, four Hold) after recent shifts that include upgrades from Keefe, Bruyette & Woods and Oddo Bhf and a downgrade from Deutsche Bank.
• The bank missed EPS estimates last quarter ($0.17 vs. $0.27) despite a revenue beat ($8.11B vs. $7.98B); the stock trades at a low P/E of 7.94 with a market cap around $57.2B.

Credit Agricole SA (OTCMKTS:CRARY - Get Free Report)'s share price rose 0.4% on Monday . The company traded as high as $9.52 and last traded at $9.45. Approximately 226,908 shares were traded during trading, a decline of 37% from the average daily volume of 361,762 shares. The stock had previously closed at $9.41.

Analyst Ratings Changes

CRARY has been the topic of a number of recent research reports. Keefe, Bruyette & Woods raised Credit Agricole from a "moderate sell" rating to a "hold" rating in a research report on Friday, March 6th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Credit Agricole in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lowered Credit Agricole from a "buy" rating to a "hold" rating in a research report on Tuesday, February 17th. Finally, Oddo Bhf raised Credit Agricole from a "neutral" rating to an "outperform" rating in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Hold".

Credit Agricole Price Performance

The company has a market cap of $57.19 billion, a price-to-earnings ratio of 7.94 and a beta of 0.69. The firm's 50 day simple moving average is $10.14 and its 200-day simple moving average is $9.90.

Credit Agricole (OTCMKTS:CRARY - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.10). Credit Agricole had a net margin of 24.65% and a return on equity of 37.56%. The company had revenue of $8.11 billion during the quarter, compared to analyst estimates of $7.98 billion.

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.

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