Societe Generale SA (SCGLY) Given Consensus Recommendation of “Hold” by Analysts
Shares of Societe Generale SA (NASDAQ:SCGLY) have earned an average rating of “Hold” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $35.00.
Separately, Zacks Investment Research upgraded shares of Societe Generale SA from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Wednesday, May 24th.
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Societe Generale SA (SCGLY) opened at 11.35 on Friday. Societe Generale SA has a 12 month low of $6.72 and a 12 month high of $12.05. The firm has a market capitalization of $45.39 billion and a PE ratio of 13.78. The firm has a 50-day moving average of $11.40 and a 200 day moving average of $10.49.
About Societe Generale SA
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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