Societe Generale Group (OTCMKTS:SCGLY) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Societe Generale Group (OTCMKTS:SCGLY) has been given a consensus rating of “Moderate Buy” by the nine research firms that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently issued reports on SCGLY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Societe Generale Group in a research report on Wednesday, September 9th. Royal Bank Of Canada restated a “sector perform” rating on shares of Societe Generale Group in a report on Tuesday, September 22nd. The Goldman Sachs Group downgraded shares of Societe Generale Group from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 2nd. Morgan Stanley restated an “overweight” rating on shares of Societe Generale Group in a research report on Wednesday, September 2nd. Finally, Keefe, Bruyette & Woods raised shares of Societe Generale Group from a “moderate sell” rating to a “hold” rating in a research note on Tuesday, October 13th.

Societe Generale Group Trading Down 0.8%

SCGLY stock opened at $14.28 on Friday. The company has a market capitalization of $52.78 billion, a PE ratio of 7.54, a P/E/G ratio of 0.37 and a beta of 0.82. Societe Generale Group has a 12 month low of $12.63 and a 12 month high of $19.52. The firm’s 50-day moving average is $15.34 and its 200 day moving average is $16.47. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.20 and a quick ratio of 1.21.

Societe Generale Group (OTCMKTS:SCGLY) last issued its earnings results on Thursday, October 29th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. Societe Generale Group had a net margin of 24.17% and a return on equity of 7.57%. The company had revenue of $8.01 billion during the quarter, compared to analysts’ expectations of $7.73 billion. On average, research analysts anticipate that Societe Generale Group will post 1.84 EPS for the current year.

About Societe Generale Group

Societe Generale Group is a French banking and financial services company founded in 1864. It provides services to individuals, businesses, institutional investors and public-sector clients.

The group’s activities include retail and private banking, corporate and investment banking, insurance, wealth management, securities services and specialized financing. It also offers services related to vehicle leasing and mobility.

Based in France, Societe Generale serves clients internationally, with operations across Europe and other regions, including Africa.