Societe Generale SA (EPA:GLE) Given a €50.00 Price Target at Deutsche Bank AG
Societe Generale SA (EPA:GLE) received a €50.00 ($57.47) price objective from equities research analysts at Deutsche Bank AG in a research note issued on Thursday. The firm presently has a “neutral” rating on the financial services provider’s stock.
Other equities analysts have also issued research reports about the company. UBS AG reissued a “neutral” rating on shares of Societe Generale SA in a research note on Tuesday, April 25th. Barclays PLC set a €50.00 ($57.47) target price on Societe Generale SA and gave the stock a “neutral” rating in a research note on Thursday, May 4th. Kepler Capital Markets set a €53.51 ($61.51) target price on Societe Generale SA and gave the stock a “neutral” rating in a research note on Friday, May 5th. Jefferies Group LLC set a €61.60 ($70.80) target price on Societe Generale SA and gave the stock a “buy” rating in a research note on Friday, May 19th. Finally, J P Morgan Chase & Co reissued a “buy” rating on shares of Societe Generale SA in a research note on Tuesday, May 23rd. Ten equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €50.62 ($58.19).
Shares of Societe Generale SA (EPA:GLE) traded down 0.073% during trading on Thursday, hitting €48.095. The stock had a trading volume of 2,766,543 shares. The company’s 50 day moving average price is €47.72 and its 200 day moving average price is €46.91. The stock has a market cap of €38.51 billion and a price-to-earnings ratio of 11.991. Societe Generale SA has a 12 month low of €28.03 and a 12 month high of €52.26.
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Societe Generale SA Company Profile
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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