Societe Generale SA (NASDAQ:SCGLY) has received an average rating of “Hold” from the six brokerages that are currently covering the stock. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $35.00.
A number of research firms recently weighed in on SCGLY. Zacks Investment Research raised shares of Societe Generale SA from a “hold” rating to a “strong-buy” rating and set a $9.00 price target for the company in a research note on Saturday, November 5th. J P Morgan Chase & Co raised shares of Societe Generale SA from a “neutral” rating to an “overweight” rating in a research note on Thursday, November 10th. Societe Generale raised shares of Societe Generale SA from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 6th. Morgan Stanley raised shares of Societe Generale SA from an “equal” rating to a “weight” rating in a research note on Tuesday, December 6th. Finally, UBS AG downgraded shares of Societe Generale SA from a “buy” rating to a “sell” rating in a research note on Thursday, January 5th.
Shares of Societe Generale SA (NASDAQ:SCGLY) opened at 9.18 on Monday. The stock has a market cap of $36.68 billion and a P/E ratio of 9.24. The firm has a 50-day moving average of $9.85 and a 200-day moving average of $8.24. Societe Generale SA has a 52-week low of $5.69 and a 52-week high of $10.36.
Societe Generale SA Company Profile
Societe Generale SA is a financial services company. The Company is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. The Company’s core businesses are managed through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions.