Societe Generale Group (OTCMKTS:SCGLY) Receives Consensus Rating of “Hold” from Analysts

Shares of Societe Generale Group (OTCMKTS:SCGLY) have been assigned a consensus rating of “Hold” from the eleven research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and six have issued a buy recommendation on the company.

SCGLY has been the subject of several research analyst reports. Citigroup reaffirmed a “buy” rating on shares of Societe Generale Group in a research report on Tuesday, June 9th. Kepler Capital Markets raised shares of Societe Generale Group from a “reduce” rating to a “hold” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Societe Generale Group in a research report on Tuesday, May 26th. Zacks Research cut shares of Societe Generale Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 21st. Finally, Societe Generale raised shares of Societe Generale Group from a “market perform” rating to a “hold” rating in a research report on Friday, May 15th.

Societe Generale Group Price Performance

Shares of Societe Generale Group stock opened at $17.41 on Friday. The firm has a market cap of $64.80 billion, a PE ratio of 9.67, a price-to-earnings-growth ratio of 0.58 and a beta of 0.80. Societe Generale Group has a 12-month low of $11.28 and a 12-month high of $18.30. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.06. The company’s fifty day simple moving average is $16.53 and its two-hundred day simple moving average is $16.30.

Societe Generale Group (OTCMKTS:SCGLY) last posted its earnings results on Thursday, April 30th. The financial services provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. Societe Generale Group had a net margin of 22.33% and a return on equity of 6.92%. The firm had revenue of $8.32 billion during the quarter, compared to analysts’ expectations of $8.29 billion. As a group, equities analysts expect that Societe Generale Group will post 1.7 EPS for the current 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.