CreditAccess Grameen Analysts Divided on Credit Cost Guidance

CreditAccess Grameen, a company that lends money, had a good performance in the last three months, even though it's usually a slower time of year.

They made more money from other sources and spent less on running their business.

However, the company told investors that they expect to spend more money on potential loan losses in the next two years.

This increase in expected future costs has made some financial analysts a bit worried, even though the company's core business of lending and getting money back is doing well.

Despite this concern about future costs, some analysts still recommend buying the stock because they believe the company is managing its business efficiently and will recover quickly.

They have set different price targets for the stock based on their outlook.