Societe Generale SA (GLE) PT Set at €54.00 by J P Morgan Chase & Co
Societe Generale SA (EPA:GLE) has been assigned a €54.00 ($63.53) target price by research analysts at J P Morgan Chase & Co in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the financial services provider’s stock.
Several other equities research analysts have also issued reports on the company. Credit Suisse Group set a €48.00 ($56.47) target price on Societe Generale SA and gave the company a “sell” rating in a research report on Tuesday, October 3rd. Morgan Stanley set a €59.80 ($70.35) target price on Societe Generale SA and gave the company a “buy” rating in a research report on Monday, October 2nd. 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 report on Tuesday, September 26th. UBS AG set a €54.00 ($63.53) price target on Societe Generale SA and gave the stock a “buy” rating in a research note on Monday, September 25th. Finally, HSBC Holdings plc set a €55.00 ($64.71) price target on Societe Generale SA and gave the stock a “buy” rating in a research note on Friday, August 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €51.58 ($60.68).
Societe Generale SA (GLE) traded up 1.34% during trading on Thursday, reaching €48.62. 3,780,899 shares of the company’s stock were exchanged. The firm has a market cap of €38.89 billion and a price-to-earnings ratio of 13.95. The firm’s 50-day moving average price is €48.09 and its 200-day moving average price is €48.11. Societe Generale SA has a 12 month low of €33.99 and a 12 month high of €52.26.
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About Societe Generale SA
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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