Societe Generale SA (SCGLY) Research Coverage Started at Credit Suisse Group AG
Credit Suisse Group AG assumed coverage on shares of Societe Generale SA (NASDAQ:SCGLY) in a research note issued to investors on Friday morning. The firm issued a neutral rating and a $35.00 price objective on the stock.
Separately, Zacks Investment Research cut Societe Generale SA from a buy rating to a strong sell rating in a research report on Thursday, August 18th.
Shares of Societe Generale SA (NASDAQ:SCGLY) opened at 6.95 on Friday. The stock has a 50 day moving average price of $7.12 and a 200-day moving average price of $7.32. Societe Generale SA has a 1-year low of $5.69 and a 1-year high of $9.90. The firm has a market cap of $27.77 billion and a price-to-earnings ratio of 6.64.
About Societe Generale SA
Societe Generale SA is a financial services company. The Company is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. The Company’s 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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