AlphaValue Gives Add Rating to Societe Generale SA (GLE)
Societe Generale SA (EPA: GLE)‘s stock had its “add” rating reiterated by investment analysts at AlphaValue in a note issued to investors on Thursday. They currently have a $38.96 (€30) target price on the stock.
Shares of Societe Generale SA traded up 1.71% during mid-day trading on Thursday, hitting €24.945. Societe Generale SA has a 52 week low of €14.88 and a 52 week high of €26.83. The company has a market cap of €18.738 billion and a P/E ratio of 9.74.
A number of other firms have also recently commented on GLE. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Societe Generale SA in a research note to investors on Friday, October 26th. They now have a $35.06 price target on the stock. Separately, analysts at Mediobanca SpA reiterated an “underperform” rating on shares of Societe Generale SA in a research note to investors on Monday, October 22nd. They now have a $27.27 price target on the stock. Finally, analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of Societe Generale SA in a research note to investors on Friday, October 12th. They now have a $36.36 price target on the stock.
Societe Generale SA is a France-based banking group. The Company is involved in retail banking in France, on-line brokerage services, financing and investment banking (brokerage operations, merger-acquisition consulting, commercial banking, among others), retail banking abroad, provision of specialized financial services (consumer loan, leasing, life insurance), asset management, securities services.
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