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).
WARNING: “Societe Generale SA (GLE) Given Consensus Recommendation of “Hold” by Brokerages” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of US and international copyright and trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2018/01/26/societe-generale-sa-gle-given-consensus-recommendation-of-hold-by-brokerages.html.
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.
Receive News & Ratings for Societe Generale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Societe Generale and related companies with MarketBeat.com's FREE daily email newsletter.