Credit Agricole (OTCMKTS:CRARY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a 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. “

Credit Agricole (OTCMKTS CRARY) traded up $0.03 during trading on Tuesday, hitting $9.26. The stock had a trading volume of 417,177 shares, compared to its average volume of 45,622. Credit Agricole has a 52 week low of $5.86 and a 52 week high of $9.34. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 4.94. The firm has a market capitalization of $52,540.00, a P/E ratio of 16.48 and a beta of 1.54.

Credit Agricole (OTCMKTS:CRARY) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.18 earnings per share (EPS) for the quarter. Credit Agricole had a return on equity of 5.03% and a net margin of 18.56%. sell-side analysts predict that Credit Agricole will post 0.75 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This story was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.americanbankingnews.com/2018/01/16/credit-agricole-crary-upgraded-by-zacks-investment-research-to-hold.html.

About Credit Agricole

Credit Agricole SA provides retail, corporate, insurance, and investment banking products and services worldwide. The company operates through five segments: Asset gathering; French Retail Banking – LCL; International Retail Banking; Specialised Financial Services; and Large customers. It offers payment instruments, loans, saving products, and payment management products and services; and savings/retirement, death and disability/creditor/group, and property and casualty insurance products.

Get a free copy of the Zacks research report on Credit Agricole (CRARY)

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

Receive News & Ratings for Credit Agricole Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Agricole and related companies with MarketBeat.com's FREE daily email newsletter.