Societe Generale (EPA:GLE) has been assigned a €49.00 ($58.33) target price by analysts at Goldman Sachs Group in a research note issued on Wednesday. The firm presently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs Group’s price target indicates a potential upside of 8.10% from the company’s current price.
GLE has been the subject of a number of other research reports. JPMorgan Chase & Co. set a €51.00 ($60.71) target price on shares of Societe Generale and gave the stock a “buy” rating in a research report on Tuesday, January 9th. UBS Group set a €52.00 ($61.90) target price on shares of Societe Generale and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Morgan Stanley set a €59.80 ($71.19) target price on shares of Societe Generale and gave the stock a “buy” rating in a research report on Monday, October 2nd. Jefferies Group set a €60.40 ($71.90) target price on shares of Societe Generale and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Finally, Deutsche Bank set a €51.00 ($60.71) target price on shares of Societe Generale and gave the stock a “neutral” rating in a research report on Monday, November 6th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of €48.57 ($57.82).
Societe Generale (EPA GLE) traded up €0.20 ($0.24) during trading hours on Wednesday, hitting €45.33 ($53.96). 3,150,000 shares of the stock were exchanged, compared to its average volume of 3,870,000. The company has a market cap of $36,620.00 and a P/E ratio of 13.74. Societe Generale has a one year low of €40.65 ($48.39) and a one year high of €52.26 ($62.21).
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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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