Crédit Agricole S.A. : Technically solid
| Entry price | Target | Stop-loss | Potential |
|---|
|
€15.45 |
€16 |
€15.2 |
+3.59% |
|---|
The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Strengths● The group's activity appears highly profitable thanks to its outperforming net margins.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● The company is one of the best yield companies with high dividend expectations.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the past twelve months, EPS forecast has been revised upwards.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 12.28 EUR
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
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CRÉDIT AGRICOLE S.A. 
