Societe Generale Group (OTCMKTS:SCGLY) Receives Average Recommendation of “Hold” from Analysts

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

A number of equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Societe Generale Group in a research report on Wednesday, September 9th. Citigroup restated a “buy” rating on shares of Societe Generale Group in a research report on Monday, July 20th. Keefe, Bruyette & Woods cut shares of Societe Generale Group from a “hold” rating to a “moderate sell” rating in a research note on Friday, August 21st. Kepler Capital Markets upgraded shares of Societe Generale Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Societe Generale Group in a research note on Wednesday, September 2nd.

Societe Generale Group Price Performance

Shares of SCGLY stock opened at $16.97 on Friday. The stock’s fifty day simple moving average is $17.74 and its 200 day simple moving average is $16.77. Societe Generale Group has a one year low of $12.17 and a one year high of $19.52. The firm has a market cap of $63.71 billion, a price-to-earnings ratio of 8.75, a P/E/G ratio of 0.50 and a beta of 0.77. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.20 and a quick ratio of 1.21.

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 return on equity of 7.20% and a net margin of 23.30%.The firm had revenue of $8.25 billion during the quarter, compared to analyst estimates of $8.03 billion. On average, analysts expect that Societe Generale Group will post 1.82 earnings per share for the current fiscal year.

About Societe Generale Group

Societe Generale Group is a France-based international banking and financial services company founded in 1864. Headquartered in the Paris region, the group serves individuals, businesses, institutional investors and public-sector clients through a broad range of banking and financial products.

Its activities include French retail banking, international retail banking, private banking, corporate and investment banking, asset management, securities services, consumer finance, insurance and mobility-related financial services.