Societe Generale (EPA:GLE) received a €49.00 ($60.49) price target from stock analysts at Cfra in a research note issued on Thursday. The brokerage currently has a “neutral” rating on the financial services provider’s stock. Cfra’s price objective points to a potential upside of 8.58% from the company’s current price.
A number of other equities analysts also recently commented on the stock. JPMorgan Chase & Co. set a €49.00 ($60.49) price objective on shares of Societe Generale and gave the stock a “neutral” rating in a research note on Thursday. Credit Suisse Group set a €44.00 ($54.32) price target on Societe Generale and gave the stock a “sell” rating in a research report on Thursday. Goldman Sachs Group set a €49.00 ($60.49) price target on Societe Generale and gave the stock a “neutral” rating in a research report on Thursday. Morgan Stanley set a €52.70 ($65.06) price target on Societe Generale and gave the stock a “buy” rating in a research report on Thursday, January 25th. Finally, Deutsche Bank set a €49.00 ($60.49) price target on Societe Generale and gave the stock a “neutral” rating in a research report on Monday, January 22nd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of €48.15 ($59.44).
Shares of Societe Generale (EPA:GLE) traded up €0.87 ($1.07) during trading hours on Thursday, reaching €45.13 ($55.72). 7,110,000 shares of the company were exchanged, compared to its average volume of 3,730,000. The company has a market capitalization of $36,460.00 and a P/E ratio of 13.68. Societe Generale has a 52 week low of €40.65 ($50.19) and a 52 week high of €52.26 ($64.52).
About Societe Generale
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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