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

Societe Generale Group (OTCMKTS:SCGLY) has been assigned an average rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have issued a buy recommendation on the company.

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised Societe Generale Group from a “neutral” rating to a “buy” rating in a research report on Thursday, December 4th. Kepler Capital Markets cut shares of Societe Generale Group from a “buy” rating to a “reduce” rating in a research note on Friday. Royal Bank Of Canada reissued a “sector perform” rating on shares of Societe Generale Group in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Societe Generale Group in a report on Friday, November 14th. Finally, Zacks Research raised shares of Societe Generale Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th.

Societe Generale Group Trading Down 1.5%

Shares of OTCMKTS:SCGLY opened at $16.26 on Friday. The company has a debt-to-equity ratio of 3.40, a quick ratio of 1.27 and a current ratio of 1.27. The stock’s 50-day moving average is $14.66 and its 200-day moving average is $13.35. The company has a market cap of $62.35 billion, a P/E ratio of 10.84, a P/E/G ratio of 0.38 and a beta of 0.80. Societe Generale Group has a 52-week low of $5.58 and a 52-week high of $16.57.

Societe Generale Group (OTCMKTS:SCGLY) last announced its earnings results on Thursday, October 30th. The financial services provider reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.04. The firm had revenue of $7.78 billion during the quarter, compared to the consensus estimate of $7.54 billion. Societe Generale Group had a return on equity of 6.18% and a net margin of 20.06%. Equities research analysts predict that Societe Generale Group will post 1.14 earnings per share 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.