Credit Agricole (CRARY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Montrouge, 7 June 2024 Crédit Agricole S.A. sold its remaining stake in Crédit du Marocto the Moroccan group Holmarcom Crédit Agricole S.A. today announced that it has sold its remaining 15% stake in Crédit du Maroc to the Moroccan group Holmarcom. This transaction is part of the agreement announced in April 2022 to sell Crédit Agricole S.A.'s entire stake in Crédit du Maroc to the Holmarcom group. After selling a first tranche of 63.7% in December 2022, Crédit Agricole S.A. has today sold the s