Societe Generale Group (OTCMKTS:SCGLY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Societe Generale Group (OTCMKTS:SCGLY) have received an average rating of “Moderate Buy” from the ten analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company.

Several equities analysts have weighed in on the stock. Zacks Research upgraded shares of Societe Generale Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Societe Generale Group in a research report on Tuesday, February 17th. Keefe, Bruyette & Woods downgraded Societe Generale Group from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Societe Generale Group in a report on Monday, February 9th. Finally, Kepler Capital Markets downgraded Societe Generale Group from a “buy” rating to a “reduce” rating in a research report on Friday, January 9th.

Societe Generale Group Trading Up 3.2%

Shares of Societe Generale Group stock opened at $17.70 on Monday. The company has a 50-day moving average of $16.63 and a two-hundred day moving average of $14.44. Societe Generale Group has a 12-month low of $7.29 and a 12-month high of $18.30. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 3.40. The stock has a market cap of $67.87 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 0.61 and a beta of 0.78.

Societe Generale Group (OTCMKTS:SCGLY) last released its quarterly earnings results on Friday, February 6th. The financial services provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. The business had revenue of $7.83 billion for the quarter, compared to analysts’ expectations of $7.77 billion. Societe Generale Group had a return on equity of 6.74% and a net margin of 22.01%. On average, research analysts anticipate that Societe Generale Group will post 1.14 EPS for the current fiscal year.

Societe Generale Group Company Profile

Société Générale Group, founded in 1864 and headquartered in Paris, is one of France’s largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments.

The group’s core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.