Societe Generale SA (EPA:GLE) has been given a €49.00 ($57.65) price target by research analysts at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Tuesday. The firm presently has a “neutral” rating on the financial services provider’s stock.
Other equities analysts have also recently issued research reports about the company. Morgan Stanley set a €51.90 ($61.06) target price on Societe Generale SA and gave the stock a “buy” rating in a research report on Thursday, April 20th. J P Morgan Chase & Co set a €55.00 ($64.71) target price on Societe Generale SA and gave the stock a “buy” rating in a research report on Friday, May 5th. Finally, Jefferies Group LLC set a €61.60 ($72.47) target price on Societe Generale SA and gave the stock a “buy” rating in a research report on Friday, May 19th. Ten investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €51.27 ($60.31).
Shares of Societe Generale SA (EPA GLE) opened at 48.44 on Tuesday. Societe Generale SA has a one year low of €28.85 and a one year high of €52.26. The firm has a 50-day moving average price of €48.60 and a 200 day moving average price of €47.17. The firm has a market capitalization of €38.79 billion and a price-to-earnings 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.
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