UBS AG set a €54.00 ($63.53) price target on Societe Generale SA (EPA:GLE) in a research report report published on Thursday, October 19th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the financial services provider’s stock.
Several other research firms have also recently weighed in on GLE. Goldman Sachs Group, Inc. (The) set a €49.00 ($57.65) price target on Societe Generale SA and gave the company a neutral rating in a report on Tuesday, August 8th. Morgan Stanley restated a buy rating on shares of Societe Generale SA in a report on Tuesday, July 4th. Kepler Capital Markets set a €53.38 ($62.80) price target on Societe Generale SA and gave the company a neutral rating in a report on Monday, August 7th. Deutsche Bank AG set a €50.00 ($58.82) price target on Societe Generale SA and gave the company a neutral rating in a report on Thursday, July 20th. Finally, HSBC Holdings plc set a €55.00 ($64.71) price target on Societe Generale SA and gave the company a buy rating in a report on Friday, July 7th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €51.58 ($60.68).
Shares of Societe Generale SA (GLE) opened at 48.62 on Thursday. The company has a 50-day moving average price of €48.34 and a 200-day moving average price of €48.19. Societe Generale SA has a 52-week low of €33.99 and a 52-week high of €52.26. The company has a market cap of €38.89 billion and a P/E ratio of 13.95.
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About Societe Generale SA
Societe Generale SA is a France- based financial services company. It is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. Its core businesses are managed through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions.
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