Societe Generale SA (OTCMKTS:SCGLY) – Research analysts at Jefferies Group raised their FY2018 earnings estimates for Societe Generale in a report released on Tuesday. Jefferies Group analyst M. Timat now anticipates that the financial services provider will post earnings of $1.29 per share for the year, up from their previous forecast of $1.28.
SCGLY has been the subject of a number of other research reports. JPMorgan Chase & Co. downgraded Societe Generale to a “hold” rating in a research report on Thursday, January 18th. Zacks Investment Research upgraded Societe Generale from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Societe Generale has a consensus rating of “Hold” and a consensus target price of $13.00.
Societe Generale (OTCMKTS:SCGLY) last announced its earnings results on Thursday, February 8th. The financial services provider reported $0.26 earnings per share for the quarter. Societe Generale had a return on equity of 5.48% and a net margin of 11.37%. The firm had revenue of $7.45 billion during the quarter.
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.
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.