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RBC Capital Keeps Their Hold Rating on Credit Agricole (0HAI)

RBC Capital Keeps Their Hold Rating on Credit Agricole (0HAI)

In a report released on August 14, Anke Reingen from RBC Capital maintained a Hold rating on Credit Agricole, with a price target of €18.00. The company's shares closed last Thursday at €17.14.
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According to TipRanks, Reingen is a 5-star analyst with an average return of 20.0% and a 71.26% success rate. Reingen covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and Julius Baer Group Ltd.
In addition to RBC Capital, Credit Agricole also received a Hold from Morgan Stanley's Giulia Miotto in a report issued on August 8. However, on August 7, UBS maintained a Buy rating on Credit Agricole (LSE: 0HAI).
Based on Credit Agricole's latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of €2.39 billion. In comparison, last year the company earned a revenue of €6.38 billion and had a net profit of €1.83 billion
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