Crédit Agricole S.A. : One could take advantage of the euphoria
| Entry price | Target | Stop-loss | Potential |
|---|
|
€10.71 |
€10 |
€11.49 |
+6.63% |
|---|
The recently observed upswing has shown some signs of exhaustion, which makes for good timing to employ a short strategy with a short term perspective.
Strengths● The group's activity appears highly profitable thanks to its outperforming net margins.
● Historically, the company has been releasing figures that are above expectations.
● Its low valuation, with P/E ratio at 8.25 and 7.69 for the ongoing fiscal year and 2020 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 have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
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CRÉDIT AGRICOLE S.A. 
