LONDON, November 25 (newratings.com) - Analysts at Credit Suisse First Boston reiterate their "neutral" rating on Credit Agricole SA (XCA.ETR). The target price has been raised from €24 to €26.
In a research note published yesterday, the analysts mention that the company has substantial exposure to the French life insurance and consumer credit sectors and is witnessing significant merger synergies. Credit Agricole is improving its efficiency at its regional banks and is witnessing improving cost efficiency at its Credit Lyonnais network, the analysts say.
Quote data provided by IS.eFinance Solutions (powered by IS.Teledata AG) using Standard&Poor's ComStock Inc. and others. Delay times are 15 mins for European exchanges and NASDAQ, 20 mins for NYSE and AMEX.
This is cache, read story here
