Goldman Sachs Group Inc Reiterates “€49.00” Price Target for Societe Generale SA (EPA:GLE)

Societe Generale SA (EPA:GLE) has been given a €49.00 ($57.65) target price by research analysts at Goldman Sachs Group Inc in a research note issued to investors on Monday, November 6th. The firm presently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs Group Inc’s target price suggests a potential upside of 12.62% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Credit Suisse Group set a €48.00 ($56.47) price target on Societe Generale and gave the company a “sell” rating in a research report on Tuesday, October 3rd. J P Morgan Chase & Co set a €55.00 ($64.71) price target on Societe Generale and gave the company a “buy” rating in a research report on Monday, September 25th. Jefferies Group LLC set a €62.40 ($73.41) target price on Societe Generale and gave the stock a “buy” rating in a report on Wednesday, August 9th. Kepler Capital Markets set a €53.38 ($62.80) target price on Societe Generale and gave the stock a “neutral” rating in a report on Monday, August 7th. Finally, set a €55.00 ($64.71) target price on Societe Generale and gave the stock a “buy” rating in a research report on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. Societe Generale currently has an average rating of “Hold” and a consensus price target of €49.38 ($58.09).

Societe Generale (EPA:GLE) traded up €0.65 ($0.76) during trading hours on Monday, reaching €43.51 ($51.19). The company’s stock had a trading volume of 4,700,000 shares, compared to its average volume of 3,920,000. Societe Generale has a 52 week low of €38.73 ($45.56) and a 52 week high of €52.26 ($61.48).

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Societe Generale Company Profile

Societe Generale SA is a France- based financial services company. It is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. Its core businesses are managed through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions.

Analyst Recommendations for Societe Generale (EPA:GLE)

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