Societe Generale SA (GLE) Given a €54.00 Price Target at UBS AG
Societe Generale SA (EPA:GLE) has been given a €54.00 ($63.53) target price by investment analysts at UBS AG in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the financial services provider’s stock.
Other analysts also recently issued reports about the company. Morgan Stanley restated a “buy” rating on shares of Societe Generale SA in a research note on Wednesday, August 16th. J P Morgan Chase & Co set a €55.00 ($64.71) target price on Societe Generale SA and gave the company a “buy” rating in a research note on Thursday, August 3rd. HSBC Holdings plc set a €55.00 ($64.71) target price on Societe Generale SA and gave the company a “buy” rating in a research note on Friday, July 7th. Deutsche Bank AG set a €50.00 ($58.82) target price on Societe Generale SA and gave the company a “neutral” rating in a research note on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) set a €49.00 ($57.65) target price on Societe Generale SA and gave the company a “neutral” rating in a research note on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €51.58 ($60.68).
Societe Generale SA (GLE) opened at 47.79 on Thursday. Societe Generale SA has a 1-year low of €32.65 and a 1-year high of €52.26. The firm has a market capitalization of €38.22 billion and a PE ratio of 13.71. The firm has a 50-day moving average price of €47.98 and a 200-day moving average price of €48.10.
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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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