Soci�t� G�n�rale (GLE) Given Consensus Recommendation of “Hold” by Brokerages
Soci�t� G�n�rale (EPA:GLE) has received an average rating of “Hold” from the seventeen brokerages that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is €48.25 ($59.57).
Several equities research analysts have recently weighed in on GLE shares. JPMorgan Chase set a €49.00 ($60.49) price target on Soci�t� G�n�rale and gave the stock a “neutral” rating in a report on Wednesday, March 7th. UBS set a €49.00 ($60.49) price target on Soci�t� G�n�rale and gave the stock a “buy” rating in a report on Tuesday, December 19th. Deutsche Bank set a €49.00 ($60.49) price target on Soci�t� G�n�rale and gave the stock a “neutral” rating in a report on Friday, February 9th. Macquarie set a €39.00 ($48.15) price target on Soci�t� G�n�rale and gave the stock a “sell” rating in a report on Friday, March 9th. Finally, Goldman Sachs set a €49.00 ($60.49) price target on Soci�t� G�n�rale and gave the stock a “neutral” rating in a report on Thursday, February 8th.
Shares of EPA:GLE traded up €0.42 ($0.52) during trading on Wednesday, hitting €45.19 ($55.79). The company had a trading volume of 7,380,000 shares, compared to its average volume of 4,140,000. Soci�t� G�n�rale has a one year low of €41.88 ($51.70) and a one year high of €52.26 ($64.52).
About Soci�t� G�n�rale
Société Générale Société anonyme 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 and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.
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