Societe Generale Group (OTCMKTS:SCGLY) Stock Rated “Hold” by Wall Street Analysts

Societe Generale Group (OTCMKTS:SCGLY) has been given an average recommendation of “Hold” by the nine ratings firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company.

A number of brokerages have recently issued reports on SCGLY. Citigroup restated a “buy” rating on shares of Societe Generale Group in a research note on Tuesday, September 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Societe Generale Group in a research note on Wednesday, September 2nd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Societe Generale Group in a research report on Tuesday, September 22nd. The Goldman Sachs Group cut shares of Societe Generale Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Societe Generale Group in a report on Wednesday, September 9th.

Societe Generale Group Price Performance

SCGLY opened at $14.26 on Tuesday. Societe Generale Group has a 52-week low of $12.17 and a 52-week high of $19.52. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.21 and a current ratio of 1.20. The company’s 50-day simple moving average is $17.22 and its two-hundred day simple moving average is $16.79. The stock has a market capitalization of $52.71 billion, a P/E ratio of 7.35, a P/E/G ratio of 0.43 and a beta of 0.80.

Societe Generale Group (OTCMKTS:SCGLY) last posted its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.11. The company had revenue of $8.25 billion during the quarter, compared to analysts’ expectations of $8.03 billion. Societe Generale Group had a return on equity of 7.20% and a net margin of 23.30%. As a group, analysts predict that Societe Generale Group will post 1.84 EPS for the current year.

About Societe Generale Group

Societe Generale Group is a France-based international banking group that provides financial services to individuals, businesses, institutional investors and public-sector organizations. Its activities include retail banking, corporate and investment banking, private banking, asset management, insurance, consumer finance and specialized financial services.

In France, the group serves personal and business customers through Societe Generale’s retail banking network and digital banking platform BoursoBank.