Societe Generale SA (EPA:GLE) Receives €49.99 Consensus PT from Brokerages

Shares of Societe Generale SA (EPA:GLE) have received an average rating of “Hold” from the sixteen ratings firms that are covering the stock, MarketBeat reports. Ten research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is €50.70 ($59.65).

GLE has been the subject of several research reports. Deutsche Bank AG set a €47.00 ($55.29) target price on shares of Societe Generale SA and gave the company a “neutral” rating in a report on Tuesday, April 18th. Morgan Stanley set a €51.90 ($61.06) target price on shares of Societe Generale SA and gave the company a “buy” rating in a report on Thursday, April 20th. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) price target on shares of Societe Generale SA and gave the company a “neutral” rating in a research report on Tuesday, April 25th. UBS AG reissued a “neutral” rating on shares of Societe Generale SA in a research report on Tuesday, April 25th. Finally, S&P Global set a €55.00 ($64.71) price target on shares of Societe Generale SA and gave the company a “neutral” rating in a research report on Thursday, May 4th.

Shares of Societe Generale SA (EPA:GLE) traded down 3.03% during trading on Monday, hitting €48.44. The stock had a trading volume of 4,329,113 shares. Societe Generale SA has a 12 month low of €29.23 and a 12 month high of €52.26. The stock has a 50 day moving average of €48.60 and a 200 day moving average of €47.17. The company has a market cap of €38.79 billion and a PE ratio of 13.90.

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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.

Analyst Recommendations for Societe Generale SA (EPA:GLE)

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