Deutsche Bank AG set a €50.00 ($58.82) price target on Societe Generale SA (EPA:GLE) in a research report sent to investors on Thursday, July 20th. The firm currently has a neutral rating on the financial services provider’s stock.
Several other brokerages also recently commented on GLE. Barclays PLC set a €50.00 ($58.82) target price on Societe Generale SA and gave the company a neutral rating in a research note on Tuesday, March 28th. Citigroup Inc. set a €51.00 ($60.00) target price on Societe Generale SA and gave the company a buy rating in a research note on Tuesday, March 28th. Morgan Stanley set a €51.90 ($61.06) price target on Societe Generale SA and gave the company a buy rating in a research note on Thursday, April 20th. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) price target on Societe Generale SA and gave the company a neutral rating in a research note on Tuesday, April 25th. Finally, UBS AG restated a neutral rating on shares of Societe Generale SA in a research note on Tuesday, April 25th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Societe Generale SA currently has a consensus rating of Hold and an average price target of €51.27 ($60.31).
Shares of Societe Generale SA (EPA GLE) traded up 0.65% during midday trading on Thursday, reaching €48.96. The company’s stock had a trading volume of 2,400,418 shares. Societe Generale SA has a 52-week low of €29.23 and a 52-week high of €52.26. The stock has a 50 day moving average price of €48.77 and a 200-day moving average price of €47.22. The company has a market capitalization of €39.16 billion and a price-to-earnings ratio of 14.04.
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Societe Generale SA Company Profile
Societe Generale Group provides financial services in Europe and internationally. It operates through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. The company offers retail banking services to individual customers, professionals, and corporate and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama brands; and international retail banking and consumer credit services to individual customers, professionals, corporates, institutions, and associations in Europe, Russia, Africa, and French overseas departments and territories.
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