Deutsche Bank AG Analysts Give Societe Generale SA (GLE) a €51.00 Price Target
Societe Generale SA (EPA:GLE) received a €51.00 ($60.00) price objective from equities researchers at Deutsche Bank AG in a research note issued on Monday. The firm currently has a “neutral” rating on the financial services provider’s stock. Deutsche Bank AG’s target price points to a potential upside of 16.23% from the stock’s previous close.
Several other research firms have also recently issued reports on GLE. Morgan Stanley reaffirmed a “buy” rating on shares of Societe Generale SA in a report on Tuesday, July 18th. UBS AG set a €54.00 ($63.53) price target on Societe Generale SA and gave the company a “buy” rating in a report on Monday, September 4th. S&P Global set a €53.00 ($62.35) price target on Societe Generale SA and gave the company a “neutral” rating in a report on Wednesday, August 2nd. Finally, J P Morgan Chase & Co set a €55.00 ($64.71) price target on Societe Generale SA and gave the company a “buy” rating in a report on Friday, September 15th. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company’s stock. Societe Generale SA has an average rating of “Hold” and a consensus price target of €52.09 ($61.28).
Shares of Societe Generale SA (EPA GLE) opened at €43.88 ($51.62) on Monday. Societe Generale SA has a 52-week low of €35.26 ($41.48) and a 52-week high of €52.26 ($61.48).
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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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