Societe Generale (EPA:GLE) has been assigned a €49.00 ($60.49) price target by investment analysts at Goldman Sachs Group in a research note issued to investors on Thursday. The firm presently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs Group’s price target points to a potential upside of 11.04% from the stock’s current price.
Several other equities analysts also recently weighed in on the stock. JPMorgan Chase & Co. set a €54.00 ($66.67) price target on shares of Societe Generale and gave the stock a “buy” rating in a report on Thursday, October 19th. UBS Group set a €54.00 ($66.67) price target on shares of Societe Generale and gave the stock a “buy” rating in a report on Thursday, October 19th. Kepler Capital Markets set a €52.77 ($65.15) price target on shares of Societe Generale and gave the stock a “neutral” rating in a report on Monday, November 6th. Morgan Stanley set a €56.50 ($69.75) price target on shares of Societe Generale and gave the stock a “buy” rating in a report on Monday, November 6th. Finally, Deutsche Bank set a €51.00 ($62.96) price target on shares of Societe Generale and gave the stock a “neutral” rating in a report on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of €48.15 ($59.44).
Shares of Societe Generale (EPA GLE) traded down €1.00 ($1.23) during trading on Thursday, hitting €44.13 ($54.48). 7,810,000 shares of the company traded hands, compared to its average volume of 3,850,000. The stock has a market cap of $35,660.00 and a price-to-earnings ratio of 15.11. Societe Generale has a 52-week low of €40.65 ($50.19) and a 52-week high of €52.26 ($64.52).
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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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