| Tuesday | ||||
Deutsche Bank analyst… Deutsche Bank analyst Kazim Andac downgraded Credit Agricole to Hold from Buy with a price target of EUR 12, down from EUR 13. The analyst maintains a positive stance on the French banks "despite a more uncertain outlook." Andac expects "healthy" organic capital generation to driven consistency in dividend payouts and sees attractive valuations at current share levels. | ||||
| Over a week ago | ||||
JPMorgan analyst Delphine… JPMorgan analyst Delphine Lee lowered the firm's price target on Credit Agricole to EUR 10.50 from EUR 11 and keeps an Underweight rating on the shares. | ||||
Morgan Stanley analyst… Morgan Stanley analyst Giulia Aurora Miotto lowered the firm's price target on Credit Agricole to EUR 10 from EUR 10.70 and keeps an Underweight rating on the shares. | ||||
AlphaValue/Baader… AlphaValue/Baader upgraded Credit Agricole to Add from Sell. | ||||
| Over a month ago | ||||
Goldman Sachs analyst… Goldman Sachs analyst Chris Hallam initiated coverage of Credit Agricole with a Neutral rating and EUR 13.60 price target. While the analyst expects CASA to show "steady revenue growth over the coming years," he believes this will be offset by "steep near-term increases in headline operating expenses and Cost of Risk, driven by SRF growth, inflation and Russia-related exposures." | ||||
Berenberg analyst Andrew… Berenberg analyst Andrew Lowe lowered the firm's price target on Credit Agricole to EUR 11.50 from EUR 12.30 and keeps a Hold rating on the shares. | ||||
JPMorgan analyst Delphine… JPMorgan analyst Delphine Lee downgraded Credit Agricole to Underweight from Neutral with a price target of EUR 11, down from EUR 12. The stock's relative risk-reward is less attractive with lower yield, Lee tells investors in a research note. | ||||
UBS analyst Jason Napier… UBS analyst Jason Napier lowered the firm's price target on Credit Agricole to EUR 12.40 from EUR 13.40 and keeps a Buy rating on the shares. | ||||
Wipro announced that it… Wipro announced that it has extended its strategic agreement with Credit Agricole CIB, the corporate and investment bank division of Credit Agricole Group, to fuel Credit Agricole CIB's next stage of growth. The engagement builds on Credit Agricole CIB and Wipro's decade-long relationship and will provide the Bank with a larger team of Wipro experts who will operate a robust and secure infrastructure. Wipro will enable Credit Agricole CIB to embrace the latest cloud technologies and agile practices allowing it to achieve faster speed-to-market on new products and services, improving client satisfaction and unlocking new value streams. | ||||
Credit Suisse analyst Jon… Credit Suisse analyst Jon Peace lowered the firm's price target on Credit Agricole to EUR 12 from EUR 12.50 and keeps a Neutral rating on the shares. | ||||
