Societe Generale SA (GLE) Receives €48.25 Average Target Price from Brokerages

Shares of Societe Generale SA (EPA:GLE) have been given a consensus rating of “Hold” by the seventeen ratings firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is €48.25 ($59.57).

A number of equities research analysts have weighed in on the stock. Goldman Sachs set a €51.00 ($62.96) target price on shares of Societe Generale and gave the company a “neutral” rating in a research note on Thursday, March 15th. JPMorgan Chase & Co. set a €51.00 ($62.96) price objective on shares of Societe Generale and gave the company a “neutral” rating in a research report on Thursday, March 15th. Macquarie set a €39.00 ($48.15) price objective on shares of Societe Generale and gave the company a “sell” rating in a research report on Friday, March 9th. Royal Bank of Canada set a €50.00 ($61.73) price objective on shares of Societe Generale and gave the company a “neutral” rating in a research report on Thursday, March 8th. Finally, UBS set a €48.00 ($59.26) price objective on shares of Societe Generale and gave the company a “buy” rating in a research report on Thursday, March 8th.

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Shares of Societe Generale (EPA GLE) opened at €45.19 ($55.79) on Friday. The firm has a market cap of $36,510.00 and a price-to-earnings ratio of 15.48. Societe Generale has a 12 month low of €41.88 ($51.70) and a 12 month high of €52.26 ($64.52).

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About Societe Generale

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.

Analyst Recommendations for Societe Generale (EPA:GLE)

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