Shares of Societe Generale SA (EPA:GLE) have been given a consensus rating of “Hold” by the sixteen brokerages that are presently covering the company, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is €50.70 ($59.65).
A number of equities analysts have recently commented on GLE shares. Deutsche Bank AG set a €47.00 ($55.29) price objective on Societe Generale SA and gave the stock a “neutral” rating in a research note on Tuesday, April 18th. Morgan Stanley set a €51.90 ($61.06) price objective on Societe Generale SA and gave the stock a “buy” rating in a research note on Thursday, April 20th. Goldman Sachs Group, Inc. (The) set a €48.00 ($56.47) price objective on Societe Generale SA and gave the stock a “neutral” rating in a research note on Tuesday, April 25th. UBS AG reiterated a “neutral” rating on shares of Societe Generale SA in a research note on Tuesday, April 25th. Finally, S&P Global set a €55.00 ($64.71) target price on Societe Generale SA and gave the stock a “neutral” rating in a research report on Thursday, May 4th.
COPYRIGHT VIOLATION NOTICE: This piece of content was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://stocknewstimes.com/2017/08/09/societe-generale-sa-gle-receives-average-rating-of-hold-from-brokerages.html.
Shares of Societe Generale SA (GLE) traded down 3.03% on Friday, reaching €48.44. The company had a trading volume of 3,139,279 shares. The firm has a market capitalization of €38.79 billion and a PE ratio of 13.90. Societe Generale SA has a 52-week low of €29.23 and a 52-week high of €52.26. The company has a 50-day moving average price of €48.56 and a 200-day moving average price of €47.15.
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.
Receive News & Ratings for Societe Generale SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Societe Generale SA and related companies with MarketBeat.com's FREE daily email newsletter.
