Societe Generale Group (OTCMKTS:SCGLY) Given Average Rating of “Moderate Buy” by Analysts

Societe Generale Group (OTCMKTS:SCGLY) has received an average recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have issued reports on SCGLY. Zacks Research raised Societe Generale Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Citigroup reiterated a “buy” rating on shares of Societe Generale Group in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Societe Generale Group in a research note on Wednesday, July 15th. Kepler Capital Markets raised shares of Societe Generale Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Finally, Societe Generale raised Societe Generale Group from a “market perform” rating to a “hold” rating in a report on Friday, May 15th.

Societe Generale Group Stock Performance

OTCMKTS SCGLY opened at $18.98 on Monday. The firm has a market capitalization of $71.26 billion, a price-to-earnings ratio of 9.78, a PEG ratio of 0.57 and a beta of 0.80. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.21 and a current ratio of 1.21. Societe Generale Group has a one year low of $11.89 and a one year high of $19.52. The company’s 50 day moving average price is $17.76 and its 200 day moving average price is $16.78.

Societe Generale Group (OTCMKTS:SCGLY) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.11. Societe Generale Group had a net margin of 23.30% and a return on equity of 7.29%. The company had revenue of $8.25 billion during the quarter, compared to analyst estimates of $8.03 billion. On average, sell-side analysts predict that Societe Generale Group will post 1.82 EPS for the current year.

Societe Generale Group Company Profile

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.