Excellent performance across all our business lines
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
0mins
Source: Globenewswire
Financial Performance: Crédit Agricole Assurances reported a total revenue of €23.1 billion for H1 2024, marking an 11.2% increase year-on-year, with net income exceeding €1 billion for the first time, reflecting strong growth across all business lines.
Business Developments: The company launched new products including a socially responsible home insurance policy and experienced significant growth in savings and retirement inflows, driven by successful commercial campaigns and positive market conditions.
Analyst Views on CAAA
Wall Street analysts forecast CAAA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CAAA is USD with a low forecast of USD and a high forecast of 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 20.425
Low
Averages
High
Current: 20.425
Low
Averages
High
No data
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.
