Societe Generale SA (EPA:GLE) has been given a €50.00 ($57.47) target price by analysts at Deutsche Bank AG in a research note issued to investors on Thursday. The firm presently has a “neutral” rating on the financial services provider’s stock.
Other equities analysts have also recently issued reports about the company. Morgan Stanley set a €51.90 ($59.66) target price on Societe Generale SA and gave the company a “buy” rating in a report on Thursday, April 20th. Citigroup Inc. set a €51.00 ($58.62) target price on Societe Generale SA and gave the company a “buy” rating in a report on Tuesday, March 28th. J P Morgan Chase & Co set a €55.00 ($63.22) target price on Societe Generale SA and gave the company a “buy” rating in a report on Friday, May 5th. Finally, Jefferies Group LLC set a €61.60 ($70.80) target price on Societe Generale SA and gave the company a “buy” rating in a report on Friday, May 19th. Ten equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Societe Generale SA currently has a consensus rating of “Hold” and a consensus target price of €50.62 ($58.19).
Shares of Societe Generale SA (EPA GLE) opened at 47.60 on Thursday. Societe Generale SA has a 12-month low of €28.02 and a 12-month high of €52.26. The company has a 50 day moving average price of €47.72 and a 200 day moving average price of €46.91. The company has a market capitalization of €38.12 billion and a P/E ratio of 11.87.
About Societe Generale SA
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.
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