In a report released on July 9, Anke Reingen from RBC Capital maintained a Hold rating on Credit Agricole, with a price target of €20.00. The company’s shares closed last Thursday at €17.43.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Reingen is a 5-star analyst with an average return of 21.6% and a 73.67% success rate.
Currently, the analyst consensus on Credit Agricole is a Hold with an average price target of €20.37.
Based on Credit Agricole’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €61.76 billion and a net profit of €2.86 billion. In comparison, last year the company earned a revenue of €51.83 billion and had a net profit of €3.36 billion
