Credit Agricole: Citi raises its target price
(CercleFinance.com) - Maintaining its "buy" rating on Credit Agricole, Citi increased its target price from 12.
5 to 14.4 euros this morning, having updated its forecasts for the group.
Analysts said they have taken into account recent trends in the banking sector, leading them to make marginal adjustments to their EPS numbers. Their forecasts now factor in prospects for the banking group out to 2023.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
5 to 14.4 euros this morning, having updated its forecasts for the group.
Analysts said they have taken into account recent trends in the banking sector, leading them to make marginal adjustments to their EPS numbers. Their forecasts now factor in prospects for the banking group out to 2023.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.