Crédit Agricole Shares Hit a Record High of €18.30 on Monday
On Monday, February 2, 2026, at midday, Crédit Agricole shares reached a new peak at €18.30, significantly surpassing its previous high and returning to levels not seen since 2008. The banking group advanced by 0.7% during the session, following a bullish trend that resulted in a 5.4% gain over seven days and 17% over three months.
Analyst Confidence Boosts Crédit Agricole Ahead of Annual Results
Crédit Agricole benefits from renewed analyst confidence just days before the announcement of its 2025 annual results scheduled for February 4. On January 27, UBS set a target price of €20.40, reiterating its buy rating, which represents an 11.5% potential increase from the current level. Similarly, Oddo BHF raised its target to €20 while maintaining its outperform rating, giving the stock a 9.3% upside. These adjustments come as the Atlantique Vendée regional bank disclosed a net consolidated result of €85.5 million for 2025, remaining stable despite multiple challenges faced by businesses within its scope. Concurrently, the group continues to roll out its ACT 2028 strategy with the launch by Crédit Agricole Transitions & Energies of 'Mon Energie by CA', a solar self-consumption offer for individuals, confirming its positioning in the energy transition market.
Technical Breakthrough Confirms Bullish Trend
The breakthrough of the stock above its technical resistance at €18.27 confirms the strength of the ongoing bullish trend. The crossing of this key threshold is accompanied by an RSI of 65, reflecting a sustained buying dynamic without excessive overheating. The configuration of moving averages reinforces this interpretation: the price is now well above the MM50 at €17.25 and the MM200 at €16.57, indicating a positive momentum in the medium and long term. The contained monthly volatility at 4.69 suggests that the rise is occurring in a relatively calm environment. Over the year, the stock has shown a remarkable increase of 25.85%, consolidating its position among the most successful European banking stocks. The general meeting is scheduled for May 20, 2026, while investors are looking forward to the first-quarter results on April 30.
