Societe Generale SA (GLE) Receives €49.93 Consensus Price Target from Brokerages
Societe Generale SA (EPA:GLE) has earned an average rating of “Hold” from the sixteen research firms that are covering the company, Marketbeat.com reports. Ten research analysts have rated the stock with a hold rating and six 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 €50.71 ($59.66).
GLE has been the subject of several research reports. Morgan Stanley set a €51.90 ($61.06) price target on Societe Generale SA and gave the company a “buy” rating in a report on Thursday, April 20th. J P Morgan Chase & Co set a €55.00 ($64.71) price target on Societe Generale SA and gave the company a “buy” rating in a report on Friday, May 5th. Finally, Jefferies Group LLC set a €61.60 ($72.47) price target on Societe Generale SA and gave the company a “buy” rating in a report on Friday, May 19th.
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.
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