Crédit Agricole: in the green with a broker upgrade

(CercleFinance.com) - Crédit Agricole gains more than 1%, slightly outperforming the trend in Paris, on the back of a recommendation upgrade by UBS from 'neutral' to 'buy', with a price target maintained at 15.
6 euros.

The broker considers the stock undervalued at seven times 2025 -six times excluding Amundi-, and with around 15% upside potential, 8% yield, as well as a track record of exceeding earnings and acquisition valuation expectations.

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