Goldman Sachs Group, Inc. (The) set a €49.00 ($57.65) price objective on Societe Generale SA (EPA:GLE) in a report issued on Tuesday, August 8th. The brokerage currently has a neutral rating on the financial services provider’s stock.
Several other research firms have also issued reports on GLE. UBS AG set a €47.00 ($55.29) target price on shares of Societe Generale SA and gave the stock a neutral rating in a report on Thursday, May 4th. Kepler Capital Markets set a €53.38 ($62.80) target price on shares of Societe Generale SA and gave the stock a neutral rating in a report on Monday, August 7th. Deutsche Bank AG set a €47.00 ($55.29) price objective on shares of Societe Generale SA and gave the company a neutral rating in a report on Wednesday, June 7th. Credit Suisse Group set a €48.00 ($56.47) price objective on shares of Societe Generale SA and gave the company a neutral rating in a report on Friday, May 5th. Finally, Jefferies Group LLC set a €61.60 ($72.47) price objective on shares of Societe Generale SA and gave the company a buy rating in a report on Friday, May 19th. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Societe Generale SA presently has an average rating of Hold and a consensus target price of €51.27 ($60.31).
Societe Generale SA (EPA GLE) traded up 0.41% during mid-day trading on Tuesday, reaching €48.02. 3,896,054 shares of the company’s stock traded hands. Societe Generale SA has a 12-month low of €29.23 and a 12-month high of €52.26. The stock has a market capitalization of €38.41 billion and a PE ratio of 13.78. The stock has a 50-day moving average price of €48.83 and a 200-day moving average price of €47.24.
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About Societe Generale SA
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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