Societe Generale SA (GLE) Receives Buy Rating from JPMorgan Chase & Co.
Societe Generale SA (EPA:GLE)‘s stock had its “buy” rating reiterated by equities researchers at JPMorgan Chase & Co. in a report issued on Tuesday.
A number of other research firms also recently commented on GLE. Goldman Sachs Group Inc set a €46.00 ($51.69) price objective on shares of Societe Generale SA and gave the company a “neutral” rating in a research note on Thursday, January 26th. Barclays PLC set a €50.00 ($56.18) price target on shares of Societe Generale SA and gave the stock a “neutral” rating in a research report on Tuesday, March 28th. S&P Global set a €47.00 ($52.81) price target on shares of Societe Generale SA and gave the stock a “neutral” rating in a research report on Thursday, February 9th. Deutsche Bank AG set a €46.00 ($51.69) price target on shares of Societe Generale SA and gave the stock a “neutral” rating in a research report on Monday, March 6th. Finally, Citigroup Inc set a €51.00 ($57.30) price target on shares of Societe Generale SA and gave the stock a “buy” rating in a research report on Friday, February 3rd. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Societe Generale SA currently has a consensus rating of “Hold” and a consensus price target of €49.86 ($56.02).
Societe Generale SA (EPA:GLE) opened at 49.98 on Tuesday. Societe Generale SA has a 1-year low of €25.00 and a 1-year high of €52.26. The firm has a 50-day moving average of €48.06 and a 200-day moving average of €45.32.
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About Societe Generale SA
Societe Generale SA is a financial services company. The Company is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. The Company’s 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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