Societe Generale SA (GLE) Given a €55.00 Price Target by J P Morgan Chase & Co Analysts
Societe Generale SA (EPA:GLE) received a €55.00 ($65.48) price objective from investment analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the financial services provider’s stock.
A number of other brokerages have also weighed in on GLE. Goldman Sachs Group, Inc. (The) set a €49.00 ($58.33) price objective on Societe Generale SA and gave the company a “neutral” rating in a research note on Tuesday, August 8th. Morgan Stanley reaffirmed a “buy” rating on shares of Societe Generale SA in a report on Tuesday, July 4th. Jefferies Group LLC set a €61.60 ($73.33) target price on Societe Generale SA and gave the stock a “buy” rating in a report on Friday, May 19th. Kepler Capital Markets set a €53.38 ($63.55) target price on Societe Generale SA and gave the stock a “neutral” rating in a report on Monday, August 7th. Finally, Deutsche Bank AG set a €50.00 ($59.52) target price on Societe Generale SA and gave the stock a “neutral” rating in a report on Thursday, July 20th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Societe Generale SA has a consensus rating of “Hold” and an average target price of €51.64 ($61.48).
Societe Generale SA (EPA:GLE) traded down 0.985% during midday trading on Friday, reaching €48.265. The company had a trading volume of 6,591,930 shares. The firm’s 50-day moving average price is €47.95 and its 200 day moving average price is €47.73. Societe Generale SA has a 12 month low of €29.23 and a 12 month high of €52.26. The firm has a market capitalization of €38.60 billion and a PE ratio of 13.845.
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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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