Societe Generale Group (SCGLY) Projected to Post Earnings on Thursday

Societe Generale Group (OTCMKTS:SCGLY) is expected to post its results before the market opens on Thursday, February 5th. Analysts expect Societe Generale Group to post earnings of $0.32 per share for the quarter.

Societe Generale Group Stock Performance

Shares of OTCMKTS:SCGLY opened at $18.25 on Wednesday. The firm’s 50 day simple moving average is $15.93 and its 200 day simple moving average is $13.99. Societe Generale Group has a fifty-two week low of $6.43 and a fifty-two week high of $18.25. The company has a market capitalization of $69.98 billion, a price-to-earnings ratio of 12.17, a P/E/G ratio of 0.42 and a beta of 0.78. The company has a debt-to-equity ratio of 3.40, a current ratio of 1.27 and a quick ratio of 1.27.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SCGLY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Societe Generale Group in a research report on Wednesday, January 21st. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Societe Generale Group in a report on Monday, November 3rd. Morgan Stanley reissued an “overweight” rating on shares of Societe Generale Group in a research note on Monday, November 24th. Zacks Research raised Societe Generale Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Citigroup reiterated a “buy” rating on shares of Societe Generale Group in a report on Friday, December 12th. Six investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Societe Generale Group presently has an average rating of “Moderate Buy”.

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.