Credit Agricole (OTCMKTS:CRARY) Upgraded at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods upgraded Credit Agricole (OTCMKTS:CRARY) from "moderate sell" to "hold" on Friday, and recent analyst activity leaves the consensus rating at Hold (one Buy, four Hold).
• Credit Agricole reported quarterly EPS of $0.17 versus $0.27 expected (a miss) while revenue beat at $8.11B; the stock trades near $9.73 with a P/E of 8.18 and a market cap of about $58.9B.

Credit Agricole (OTCMKTS:CRARY - Get Free Report) was upgraded by investment analysts at Keefe, Bruyette & Woods from a "moderate sell" rating to a "hold" rating in a report issued on Friday,Zacks.com reports.

Several other equities analysts also recently weighed in on CRARY. Deutsche Bank Aktiengesellschaft downgraded shares of Credit Agricole from a "buy" rating to a "hold" rating in a report on Tuesday, February 17th. Zacks Research lowered Credit Agricole from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 13th. Royal Bank Of Canada reissued a "sector perform" rating on shares of Credit Agricole in a research note on Wednesday, February 11th. Finally, Oddo Bhf raised shares of Credit Agricole from a "neutral" rating to an "outperform" rating in a research report on Tuesday, January 27th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Credit Agricole presently has a consensus rating of "Hold".

Credit Agricole Stock Down 1.1%

OTCMKTS CRARY opened at $9.73 on Friday. The business's 50-day moving average price is $10.50 and its 200 day moving average price is $9.90. Credit Agricole has a 52-week low of $7.97 and a 52-week high of $11.33. The firm has a market cap of $58.88 billion, a P/E ratio of 8.18 and a beta of 0.62.

Credit Agricole (OTCMKTS:CRARY - Get Free Report) last posted its quarterly earnings data 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). Credit Agricole had a net margin of 24.65% and a return on equity of 37.56%. The firm had revenue of $8.11 billion during the quarter, compared to analysts' expectations of $7.98 billion.

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.

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