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Fly News Breaks for November 19, 2019
CRARY
Nov 19, 2019 | 05:18 EDT
UBS analyst Lorraine Quoirez upgraded Credit Agricole to Buy from Neutral with a price target of 13.4 euros, up from 11 euros. The analyst sees the bank's profitability remaining resilient and potential upside to earnings estimates in 2022 and 2023.
News For CRARY From the Last 2 Days
CRARY
Mar 27, 2024 | 04:40 EDT
Morgan Stanley downgraded Credit Agricole to Underweight from Equal Weight with a price target of EUR 15, up from EUR 14.70. The analyst believes shares of French lenders will remain "subdued" compared to Benelux banks due to weak fixed income and French Retail. Credit Agricole has an "unappealing" valuation and lower capital levels versus its broader European peers, the analyst tells investors in a research note.