Credit Agricole: Higher Targets Already Priced In (Rating Downgrade) [Seeking Alpha]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: Seeking Alpha
Credit Agricole expects to reach its 2025 Ambitions target a year ahead and increase forward earning estimates. Despite that, we were already pricing higher financial targets. After a positive Q1, we slightly increased our target price; however, the bank's valuation looks full compared to the EU Banking peers. Following our Italian banking coverage ( Intesa Sanpaolo OTCPK:IITSF OTCPK:ISNPY ) and UniCredit OTCPK:UNCFF OTCPK:UNCRY )), today we are back to comment on Crédit Agricole S.A. ( OTCPK:CRARF OTCPK:CRARY ). For our new Recommended For You Recommended For You About CRARF Stock
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