Societe Generale (EPA:GLE)‘s stock had its “buy” rating reiterated by research analysts at UBS Group in a note issued to investors on Monday, December 11th, www.boersen-zeitung.de reports.
A number of other analysts have also recently weighed in on GLE. Morgan Stanley reissued a “buy” rating on shares of Societe Generale in a research note on Wednesday, August 16th. JPMorgan Chase & Co. set a €55.00 ($65.48) price target on shares of Societe Generale and gave the company a “buy” rating in a research report on Friday, September 15th. Deutsche Bank set a €50.00 ($59.52) price target on shares of Societe Generale and gave the company a “neutral” rating in a research report on Tuesday, September 26th. Credit Suisse Group set a €48.00 ($57.14) price target on shares of Societe Generale and gave the company a “sell” rating in a research report on Tuesday, October 3rd. Finally, Kepler Capital Markets set a €52.77 ($62.82) price target on shares of Societe Generale and gave the company a “neutral” rating in a research report on Monday, November 6th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the stock. Societe Generale presently has an average rating of “Hold” and a consensus target price of €49.16 ($58.53).
Societe Generale (GLE) traded up €0.12 ($0.14) during trading hours on Monday, hitting €43.17 ($51.39). 3,180,000 shares of the stock traded hands, compared to its average volume of 3,860,000. The company has a market cap of $34,870.00 and a P/E ratio of 13.08. Societe Generale has a one year low of €40.65 ($48.39) and a one year high of €52.26 ($62.21).
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Societe Generale 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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