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

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

A number of brokerages have recently issued reports on SCGLY. Citigroup reissued a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 9th. The Goldman Sachs Group reissued a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 16th. Royal Bank Of Canada restated a “sector perform” rating on shares of Societe Generale Group in a report on Monday, February 9th. Zacks Research upgraded shares of Societe Generale Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Societe Generale Group in a research report on Tuesday, February 17th.

Societe Generale Group Stock Up 3.2%

Shares of OTCMKTS SCGLY opened at $18.10 on Monday. The company’s 50 day moving average price is $16.77 and its 200-day moving average price is $14.52. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.27 and a current ratio of 1.21. Societe Generale Group has a 52-week low of $7.29 and a 52-week high of $18.30. The company has a market capitalization of $69.40 billion, a P/E ratio of 10.65, a price-to-earnings-growth ratio of 0.61 and a beta of 0.78.

Societe Generale Group (OTCMKTS:SCGLY) last announced its earnings results on Friday, February 6th. The financial services provider reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. The business had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $7.77 billion. Societe Generale Group had a net margin of 22.01% and a return on equity of 6.71%. Equities analysts forecast that Societe Generale Group will post 1.14 earnings per share for the current year.

Societe Generale Group Company Profile

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.