CR AGRICOLE S A/ADR (OTCMKTS:CRARY) Stock Rating Lowered by Zacks Investment Research

CR AGRICOLE S A/ADR (OTCMKTS:CRARY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, Zacks.com reports.

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, ValuEngine lowered CR AGRICOLE S A/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, April 2nd.

CRARY traded up $0.08 during midday trading on Tuesday, reaching $4.72. 111,769 shares of the company’s stock traded hands, compared to its average volume of 307,919. The firm has a fifty day moving average of $4.31 and a two-hundred day moving average of $5.29. The stock has a market capitalization of $26.80 billion, a price-to-earnings ratio of 5.97 and a beta of 1.62. CR AGRICOLE S A/ADR has a 52 week low of $3.15 and a 52 week high of $7.41.

CR AGRICOLE S A/ADR (OTCMKTS:CRARY) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.09 EPS for the quarter. The business had revenue of $5.74 billion during the quarter. CR AGRICOLE S A/ADR had a return on equity of 5.90% and a net margin of 21.09%. As a group, equities analysts predict that CR AGRICOLE S A/ADR will post 0.18 earnings per share for the current fiscal year.

CR AGRICOLE S A/ADR Company Profile

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.

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