Societe Generale SA (GLE) PT Set at €55.00 by J P Morgan Chase & Co
Societe Generale SA (EPA:GLE) has been assigned a €55.00 ($65.48) price target by equities research analysts at J P Morgan Chase & Co in a report issued on Friday. The firm currently has a “buy” rating on the financial services provider’s stock.
A number of other analysts have also commented on the stock. Morgan Stanley reaffirmed a “buy” rating on shares of Societe Generale SA in a report on Tuesday, July 18th. Deutsche Bank AG set a €50.00 ($59.52) target price on shares of Societe Generale SA and gave the stock a “neutral” rating in a report on Thursday, July 20th. UBS AG set a €54.00 ($64.29) target price on shares of Societe Generale SA and gave the stock a “buy” rating in a report on Monday, September 4th. HSBC Holdings plc set a €55.00 ($65.48) target price on shares of Societe Generale SA and gave the stock a “buy” rating in a report on Friday, July 7th. Finally, S&P Global set a €53.00 ($63.10) target price on shares of Societe Generale SA and gave the stock a “neutral” rating in a report on Wednesday, August 2nd. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Societe Generale SA presently has an average rating of “Hold” and an average target price of €51.64 ($61.48).
Shares of Societe Generale SA (GLE) opened at 48.265 on Friday. Societe Generale SA has a 12 month low of €29.23 and a 12 month high of €52.26. The stock’s 50 day moving average price is €47.95 and its 200-day moving average price is €47.73. The firm has a market cap of €38.60 billion and a P/E ratio of 13.845.
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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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