Crédit Agricole S.A. : A good timing for a downward acceleration
Entry price | Target | Stop-loss | Potential |
---|
€12.22 |
€11 |
€12.8 |
+9.98% |
---|
The current phase of lateral movement may lead to an exit to the downside based on the technical chart pattern of stocks in Crédit Agricole S.A..
Strengths● The group's activity appears highly profitable thanks to its outperforming net margins.
● The group usually releases upbeat results with huge surprise rates.
● Its low valuation, with P/E ratio at 10.46 and 8.81 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.
● The company is one of the best yield companies with high dividend expectations.
● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The stock is in a well-established, long-term rising trend above the technical support level at 9.38 EUR
Weaknesses● According to forecast, a sluggish sales growth is expected for the next fiscal years.
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