Societe Generale SA (GLE) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Societe Generale SA (EPA:GLE) have earned an average recommendation of “Hold” from the sixteen brokerages that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is €48.34 ($57.55).

Several analysts have recently commented on GLE shares. UBS Group set a €54.00 ($64.29) price target on shares of Societe Generale and gave the company a “buy” rating in a research report on Thursday, October 19th. Deutsche Bank set a €49.00 ($58.33) price target on shares of Societe Generale and gave the company a “neutral” rating in a research report on Monday. JPMorgan Chase & Co. set a €49.00 ($58.33) price target on shares of Societe Generale and gave the company a “neutral” rating in a research report on Thursday, January 18th. Royal Bank of Canada set a €50.00 ($59.52) price target on shares of Societe Generale and gave the company a “neutral” rating in a research report on Monday, December 18th. Finally, Goldman Sachs Group set a €49.00 ($58.33) price target on shares of Societe Generale and gave the company a “neutral” rating in a research report on Wednesday, November 15th.

Shares of Societe Generale (EPA:GLE) traded up €0.24 ($0.29) on Friday, reaching €46.70 ($55.60). 3,100,000 shares of the company’s stock traded hands, compared to its average volume of 3,640,000. The firm has a market capitalization of $37,730.00 and a price-to-earnings ratio of 14.15. Societe Generale has a one year low of €40.65 ($48.39) and a one year high of €52.26 ($62.21).

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Societe Generale 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.

Analyst Recommendations for Societe Generale (EPA:GLE)

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