Jefferies' Upgrade and Target Increase for Credit Agricole Stock

Wednesday, 12 June 2024, 05:27

In a recent development, Jefferies raised its rating on Credit Agricole stock to Buy and increased the target price, citing the company's robust Return on Tangible Equity (ROTE). This move signifies positive outlook and potential growth opportunities for investors considering Credit Agricole shares.
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Jefferies' Upgrade and Target Increase for Credit Agricole Stock

Jefferies upgrades Credit Agricole stock to Buy, raises target on robust ROTE

In a recent update, Jefferies analyst has upgraded Credit Agricole stock to Buy rating and raised the target price, reflecting optimism on the company's performance metrics.

This decision was influenced by the company's strong Return on Tangible Equity (ROTE), indicating solid financial health and potential for sustained growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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