Societe Generale SA (GLE) Receives Average Recommendation of “Hold” from Analysts
Societe Generale SA (EPA:GLE) has received a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is €52.09 ($60.57).
Several research firms recently weighed in on GLE. Deutsche Bank AG set a €51.00 ($59.30) price objective on Societe Generale SA and gave the stock a “neutral” rating in a research report on Monday, November 6th. Morgan Stanley set a €56.50 ($65.70) price objective on Societe Generale SA and gave the stock a “buy” rating in a research report on Monday, November 6th. Goldman Sachs Group, Inc. (The) set a €49.00 ($56.98) price target on Societe Generale SA and gave the company a “neutral” rating in a research note on Monday, November 6th. Kepler Capital Markets set a €52.77 ($61.36) price target on Societe Generale SA and gave the company a “neutral” rating in a research note on Monday, November 6th. Finally, J P Morgan Chase & Co set a €53.00 ($61.63) price target on Societe Generale SA and gave the company a “buy” rating in a research note on Monday, November 6th.
Societe Generale SA (EPA GLE) traded down €0.17 ($0.20) during midday trading on Friday, hitting €43.74 ($50.86). The company had a trading volume of 3,650,000 shares, compared to its average volume of 3,690,000. Societe Generale SA has a fifty-two week low of €35.46 ($41.23) and a fifty-two week high of €52.26 ($60.77).
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Societe Generale SA Company Profile
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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