Societe Generale (SCGLY) Receives Hold Rating from JPMorgan Chase & Co.

Societe Generale (OTCMKTS:SCGLY)‘s stock had its “hold” rating reissued by JPMorgan Chase & Co. in a report released on Friday.

Several other research analysts also recently commented on the stock. Credit Suisse Group reissued a “sell” rating on shares of Societe Generale in a report on Friday. ValuEngine raised shares of Societe Generale from a “strong sell” rating to a “sell” rating in a report on Tuesday. Goldman Sachs Group reissued a “hold” rating on shares of Societe Generale in a report on Tuesday, October 23rd. Finally, Zacks Investment Research raised shares of Societe Generale from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $12.00.

Shares of OTCMKTS:SCGLY opened at $7.60 on Friday. The company has a quick ratio of 1.37, a current ratio of 1.34 and a debt-to-equity ratio of 3.18. Societe Generale has a one year low of $7.21 and a one year high of $11.75. The firm has a market capitalization of $30.90 billion, a price-to-earnings ratio of 6.66 and a beta of 1.14.

Societe Generale Company Profile

Société Générale Société anonyme provides financial services in Europe and internationally. It operates through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. The company offers retail banking services to individual customers, professionals, and corporate and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.

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