Deutsche Bank Reaffirms Hold Rating on Societe Generale SA (GLE)
Societe Generale SA (EPA: GLE)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research note issued to investors on Wednesday. They currently have a $44.00 (€33) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Societe Generale SA in a research note to investors on Wednesday, January 16th. They now have a $37.60 price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Societe Generale SA in a research note to investors on Tuesday, January 15th. They now have a $54.53 price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of Societe Generale SA in a research note to investors on Friday, January 11th. They now have a $43.73 price target on the stock.
Societe Generale SA traded down 3.22% on Wednesday, hitting €32.42. Societe Generale SA has a 1-year low of €15.10 and a 1-year high of €34.40. The stock’s 50-day moving average is currently €22.84. The company has a market cap of €24.280 billion and a price-to-earnings ratio of 22.54.
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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