Credit Agricole of France Aims to Increase Earnings Through European Expansion
Written by Emily J. Thompson, Senior Investment Analyst
Source: WSJ
Expansion Plans: Credit Agricole aims to grow outside its home market as part of a new three-year plan to enhance earnings.
Profit Goals: The bank targets over 8.5 billion euros in net profit by 2028, up from 6.9 billion euros in 2024.
Revenue Growth: Credit Agricole expects revenue to grow by more than 3.5% annually, surpassing 30 billion euros by the end of the plan period.
Strategic Focus: The strategy emphasizes deepening the bank's presence beyond its borders to achieve its financial objectives.
Analyst Views on ACA
Wall Street analysts forecast ACA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ACA is 110.00 USD with a low forecast of 110.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 116.670
Low
110.00
Averages
110.00
High
110.00
Current: 116.670
Low
110.00
Averages
110.00
High
110.00
About ACA
Arcosa, Inc. is a provider of infrastructure-related products and solutions. Its segments include Construction Products, Engineered Structures, and Transportation Products. Its Construction Products segment produces and sells natural and recycled aggregates, specialty materials, asphalt mix, and construction site support equipment, including trench shields and shoring products. It produces and distributes natural aggregates serving both public infrastructure and private construction markets. Its Engineered Structures segment primarily manufactures and sells steel and concrete structures for infrastructure businesses, including utility structures for electricity transmission and distribution, structural wind towers, traffic and lighting structures, and telecommunication structures. Its Transportation Products segment manufactures and sells inland barges, fiberglass barge covers, winches, and marine hardware. It manufactures a variety of hopper barges and deck barges, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
