Societe Generale SA (EPA:GLE) has received an average rating of “Hold” from the fifteen analysts that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is €49.05 ($58.39).
GLE has been the subject of a number of analyst reports. UBS set a €52.00 ($61.90) price target on Societe Generale and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Morgan Stanley set a €59.80 ($71.19) price target on Societe Generale and gave the stock a “buy” rating in a research report on Monday, October 2nd. J P Morgan Chase & Co set a €54.00 ($64.29) price target on Societe Generale and gave the stock a “buy” rating in a research report on Thursday, October 19th. Deutsche Bank set a €51.00 ($60.71) price target on Societe Generale and gave the stock a “neutral” rating in a research report on Monday, November 6th. Finally, Jefferies Group set a €60.40 ($71.90) price objective on Societe Generale and gave the company a “buy” rating in a report on Wednesday, November 15th.
Shares of Societe Generale (EPA GLE) traded up €0.58 ($0.69) on Thursday, reaching €44.53 ($53.01). 4,670,000 shares of the company’s stock were exchanged, compared to its average volume of 4,370,000. Societe Generale has a twelve month low of €40.65 ($48.39) and a twelve month high of €52.26 ($62.21).
COPYRIGHT VIOLATION NOTICE: This piece was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2017/12/12/societe-generale-sa-gle-given-average-rating-of-hold-by-brokerages.html.
About Societe Generale
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.
Receive News & Ratings for Societe Generale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Societe Generale and related companies with MarketBeat.com's FREE daily email newsletter.