Societe Generale (SCGLY) Upgraded to Sell by ValuEngine

Societe Generale (OTCMKTS:SCGLY) was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued on Tuesday.

Other analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Societe Generale from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 15th. Goldman Sachs Group reiterated a “hold” rating on shares of Societe Generale in a research report on Tuesday, October 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $12.00.

OTCMKTS SCGLY opened at $7.52 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.37 and a debt-to-equity ratio of 3.18. The firm has a market capitalization of $30.44 billion, a price-to-earnings ratio of 6.59 and a beta of 1.14. Societe Generale has a 52-week low of $7.21 and a 52-week high of $11.75.

About Societe Generale

Société Générale Société anonyme provides financial services in Europe and internationally. It operates through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. The company offers retail banking services to individual customers, professionals, and corporate and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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