Shares of Societe Generale SA (EPA:GLE) have been assigned an average rating of “Hold” from the sixteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is €48.97 ($58.29).
GLE has been the topic of several research analyst reports. JPMorgan Chase & Co. set a €55.00 ($65.48) price target on shares of Societe Generale and gave the stock a “buy” rating in a research report on Friday, September 15th. UBS Group set a €54.00 ($64.29) price target on shares of Societe Generale and gave the stock a “buy” rating in a research report on Monday, September 25th. Deutsche Bank set a €50.00 ($59.52) price target on shares of Societe Generale and gave the stock a “neutral” rating in a research report on Tuesday, September 26th. Morgan Stanley set a €59.80 ($71.19) price target on shares of Societe Generale and gave the stock a “buy” rating in a research report on Monday, October 2nd. Finally, Credit Suisse Group set a €48.00 ($57.14) price target on shares of Societe Generale and gave the stock a “sell” rating in a research report on Tuesday, October 3rd.
Societe Generale (GLE) traded up €0.64 ($0.76) during midday trading on Monday, reaching €45.08 ($53.67). 4,400,000 shares of the company’s stock traded hands, compared to its average volume of 3,820,000. The firm has a market cap of $36,420.00 and a price-to-earnings ratio of 13.66. Societe Generale has a 52 week low of €40.65 ($48.39) and a 52 week high of €52.26 ($62.21).
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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.
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