Societe Generale Group (OTCMKTS:SCGLY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Societe Generale Group (OTCMKTS:SCGLY) have been given an average recommendation of “Moderate Buy” by the ten ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company.

A number of research analysts recently issued reports on the stock. Keefe, Bruyette & Woods lowered shares of Societe Generale Group from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 28th. The Goldman Sachs Group reiterated a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Societe Generale Group in a research note on Tuesday, February 17th. Citigroup reiterated a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 9th. Finally, Kepler Capital Markets lowered shares of Societe Generale Group from a “buy” rating to a “reduce” rating in a research note on Friday, January 9th.

Societe Generale Group Stock Performance

OTCMKTS:SCGLY opened at $17.27 on Tuesday. Societe Generale Group has a 1 year low of $8.87 and a 1 year high of $18.30. The firm’s fifty day simple moving average is $16.05 and its 200 day simple moving average is $15.20. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.06. The firm has a market capitalization of $64.91 billion, a PE ratio of 10.16, a PEG ratio of 0.56 and a beta of 0.82.

Societe Generale Group (OTCMKTS:SCGLY) last posted its earnings results on Friday, February 6th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05. Societe Generale Group had a net margin of 22.01% and a return on equity of 6.71%. The business had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.77 billion. On average, sell-side analysts anticipate that Societe Generale Group will post 1.8 EPS for the current year.

About Societe Generale Group

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.