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Analysts Offer Insights on Financial Companies: Westpac Banking (OtherWEBNF), Credit Agricole (GB:0HAI) and Coinbase Global (COIN)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Westpac Banking (WEBNFResearch Report), Credit Agricole (GB:0HAIResearch Report) and Coinbase Global (COINResearch Report).

Westpac Banking (WEBNF)

Ord Minnett analyst Ord Minnett maintained a Hold rating on Westpac Banking yesterday and set a price target of A$28.00. The company’s shares closed last Tuesday at $18.19, close to its 52-week high of $18.46.

Westpac Banking has an analyst consensus of Moderate Sell, with a price target consensus of $16.33, which is a -8.5% downside from current levels. In a report issued on May 6, Goldman Sachs also maintained a Hold rating on the stock with a A$24.10 price target.

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Credit Agricole (GB:0HAI)

In a report released yesterday, Jason Napier from UBS maintained a Hold rating on Credit Agricole, with a price target of EUR13.90. The company’s shares closed yesterday at EUR15.12.

Napier has an average return of 17.3% when recommending Credit Agricole.

According to TipRanks.com, Napier is ranked #402 out of 8824 analysts.

Currently, the analyst consensus on Credit Agricole is a Hold with an average price target of EUR13.84.

Coinbase Global (COIN)

Daiwa analyst Carlton Lai reiterated a Buy rating on Coinbase Global on April 16. The company’s shares closed last Tuesday at $214.34.

Lai has an average return of 39.7% when recommending Coinbase Global.

According to TipRanks.com, Lai is ranked #2949 out of 8824 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coinbase Global with a $234.10 average price target, which is a 3.2% upside from current levels. In a report issued on April 9, JMP Securities also maintained a Buy rating on the stock with a $320.00 price target.

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