Credit Agricole Sa (CRARY) Downgraded to “Hold” at Zacks Investment Research

Zacks Investment Research lowered shares of Credit Agricole Sa (NASDAQ:CRARY) from a buy rating to a hold rating in a research report sent to investors on Friday, September 15th.

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, HSBC Holdings plc lowered shares of Credit Agricole Sa from a buy rating to a hold rating in a research report on Friday, July 7th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $9.75.

Credit Agricole Sa (NASDAQ:CRARY) opened at 9.07 on Friday. Credit Agricole Sa has a 52 week low of $4.68 and a 52 week high of $9.17.

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About Credit Agricole Sa

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.

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