Societe Generale Group (OTCMKTS:SCGLY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Societe Generale Group (OTCMKTS:SCGLY) have been assigned a consensus rating of “Moderate Buy” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company.

A number of analysts recently commented on the stock. The Goldman Sachs Group reiterated a “buy” rating on shares of Societe Generale Group in a report on Monday, February 16th. Zacks Research raised Societe Generale Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 11th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Societe Generale Group in a research report on Monday, February 9th. Citigroup reissued a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 9th. Finally, Morgan Stanley restated an “overweight” rating on shares of Societe Generale Group in a report on Monday, November 24th.

Societe Generale Group Stock Down 2.2%

SCGLY opened at $17.39 on Monday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $66.68 billion, a PE ratio of 10.23, a P/E/G ratio of 0.59 and a beta of 0.75. The stock’s fifty day moving average is $16.84 and its 200-day moving average is $14.59. Societe Generale Group has a one year low of $7.29 and a one year high of $18.30.

Societe Generale Group (OTCMKTS:SCGLY) last released its earnings results on Friday, February 6th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. Societe Generale Group had a return on equity of 6.71% and a net margin of 22.01%.The firm had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.77 billion. On average, equities analysts predict that Societe Generale Group will post 1.14 EPS for the current fiscal 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.