Societe Generale Group (OTCMKTS:SCGLY) Given Average Rating of “Moderate Buy” by Brokerages

Societe Generale Group (OTCMKTS:SCGLY) has been given an average recommendation of “Moderate Buy” by the ten analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company.

SCGLY has been the subject of a number of research reports. The Goldman Sachs Group reissued a “buy” rating on shares of Societe Generale Group in a research report on Monday, February 16th. Kepler Capital Markets downgraded Societe Generale Group from a “buy” rating to a “reduce” rating in a research report on Friday, January 9th. Keefe, Bruyette & Woods downgraded Societe Generale Group from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 28th. Citigroup reissued a “buy” rating on shares of Societe Generale Group in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Societe Generale Group in a research report on Tuesday, February 17th.

Societe Generale Group Price Performance

SCGLY stock opened at $16.31 on Friday. The stock has a 50-day moving average price of $15.89 and a two-hundred day moving average price of $15.48. Societe Generale Group has a 12-month low of $10.46 and a 12-month high of $18.30. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.06. The company has a market cap of $61.30 billion, a PE ratio of 9.06, a price-to-earnings-growth ratio of 0.55 and a beta of 0.80.

Societe Generale Group (OTCMKTS:SCGLY) last posted its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. Societe Generale Group had a return on equity of 6.92% and a net margin of 22.33%.The firm had revenue of $8.32 billion during the quarter, compared to the consensus estimate of $8.29 billion. As a group, research analysts predict that Societe Generale Group will post 1.69 EPS for the current year.

About Societe Generale Group

Société Générale Group, founded in 1864 and headquartered in Paris, is one of France’s largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments.

The group’s core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.