Societe Generale SA’s (GLE) Buy Rating Reaffirmed at Morgan Stanley
Societe Generale SA (EPA:GLE)‘s stock had its “buy” rating reaffirmed by stock analysts at Morgan Stanley in a research report issued on Wednesday.
GLE has been the topic of a number of other reports. Royal Bank Of Canada set a €50.00 ($58.82) price target on Societe Generale SA and gave the stock a “neutral” rating in a research note on Friday, May 5th. J P Morgan Chase & Co restated a “buy” rating and issued a price target on shares of Societe Generale SA in a research note on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a €50.00 ($58.82) price target on Societe Generale SA and gave the stock a “neutral” rating in a research note on Friday, June 9th. S&P Global set a €53.00 ($62.35) price target on Societe Generale SA and gave the stock a “neutral” rating in a research note on Wednesday, August 2nd. Finally, Kepler Capital Markets set a €53.38 ($62.80) price target on Societe Generale SA and gave the stock a “neutral” rating in a research note on Monday, August 7th. Ten investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €51.27 ($60.31).
Shares of Societe Generale SA (EPA GLE) opened at 49.065 on Wednesday. The firm has a 50 day moving average price of €48.77 and a 200 day moving average price of €47.22. Societe Generale SA has a 52 week low of €29.23 and a 52 week high of €52.26. The company has a market capitalization of €39.24 billion and a price-to-earnings ratio of 14.075.
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Societe Generale SA Company Profile
Societe Generale Group 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 customers, professionals, corporates, institutions, and associations in Europe, Russia, Africa, and French overseas departments and territories.
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