Societe Generale (EPA:GLE) has been assigned a €49.00 ($58.33) price target by equities research analysts at UBS Group in a report released on Thursday. The brokerage presently has a “buy” rating on the financial services provider’s stock. UBS Group’s price target points to a potential upside of 10.04% from the stock’s previous close.
Several other equities analysts have also recently weighed in on GLE. Credit Suisse Group set a €48.00 ($57.14) price objective on Societe Generale and gave the company a “sell” rating in a report on Tuesday, October 3rd. JPMorgan Chase & Co. set a €55.00 ($65.48) price objective on Societe Generale and gave the company a “buy” rating in a report on Monday, September 25th. HSBC set a €46.00 ($54.76) price objective on Societe Generale and gave the company a “neutral” rating in a report on Thursday. Deutsche Bank set a €50.00 ($59.52) price objective on Societe Generale and gave the company a “neutral” rating in a report on Tuesday, September 26th. Finally, Goldman Sachs Group set a €49.00 ($58.33) price objective on Societe Generale and gave the company a “neutral” rating in a report on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of €48.97 ($58.29).
Societe Generale (EPA GLE) traded up €1.16 ($1.38) during trading hours on Thursday, hitting €44.53 ($53.01). The stock had a trading volume of 3,140,000 shares, compared to its average volume of 3,820,000. Societe Generale has a fifty-two week low of €40.65 ($48.39) and a fifty-two week high of €52.26 ($62.21). The company has a market cap of $35,970.00 and a PE ratio of 13.49.
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.
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