Credit Agricole Sa (NASDAQ:CRARY) Lowered to “Hold” at Zacks Investment Research
Credit Agricole Sa (NASDAQ:CRARY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Tuesday.
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. “
Several other analysts have also commented on CRARY. Barclays PLC upgraded shares of Credit Agricole Sa from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 28th. HSBC Holdings plc downgraded shares of Credit Agricole Sa from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $8.50.
Credit Agricole Sa (CRARY) traded down 0.12% on Tuesday, reaching $8.37. 536,837 shares of the company’s stock were exchanged. Credit Agricole Sa has a 12-month low of $4.17 and a 12-month high of $8.51.
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