Societe Generale SA (EPA:GLE) has been assigned a €55.00 ($64.71) target price by J P Morgan Chase & Co in a research note issued to investors on Thursday, August 3rd. The brokerage currently has a “buy” rating on the financial services provider’s stock.
A number of other equities analysts have also weighed in on the company. Morgan Stanley set a €51.90 ($61.06) target price on Societe Generale SA and gave the stock a “buy” rating in a research report on Thursday, April 20th. Royal Bank Of Canada set a €50.00 ($58.82) target price on Societe Generale SA and gave the stock a “neutral” rating in a research report on Friday, May 5th. Goldman Sachs Group, Inc. (The) set a €50.00 ($58.82) target price on Societe Generale SA and gave the stock a “neutral” rating in a research report on Friday, June 9th. S&P Global set a €53.00 ($62.35) target price on Societe Generale SA and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. Finally, Credit Suisse Group set a €48.00 ($56.47) target price on Societe Generale SA and gave the stock a “neutral” rating in a research report on Friday, May 5th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Societe Generale SA currently has an average rating of “Hold” and a consensus target price of €51.27 ($60.31).
Shares of Societe Generale SA (GLE) opened at 47.215 on Thursday. The firm’s 50-day moving average is €48.65 and its 200 day moving average is €47.18. Societe Generale SA has a one year low of €29.23 and a one year high of €52.26. The firm has a market capitalization of €37.76 billion and a P/E ratio of 13.544.
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Societe Generale SA Company Profile
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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