Societe Generale’s (SCGLY) Hold Rating Reiterated at Goldman Sachs Group
Several other analysts also recently commented on SCGLY. Zacks Investment Research upgraded shares of Societe Generale from a strong sell rating to a hold rating in a research report on Wednesday, August 15th. ValuEngine upgraded shares of Societe Generale from a strong sell rating to a sell rating in a research report on Tuesday, November 6th. Credit Suisse Group restated a sell rating on shares of Societe Generale in a research report on Friday, November 9th. Finally, JPMorgan Chase & Co. restated a hold rating on shares of Societe Generale in a research report on Friday, November 9th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $12.00.
SCGLY stock opened at $7.52 on Friday. Societe Generale has a 12 month low of $7.21 and a 12 month high of $11.75. The firm has a market capitalization of $30.40 billion, a P/E ratio of 6.60 and a beta of 1.14. The company has a quick ratio of 1.37, a current ratio of 1.34 and a debt-to-equity ratio of 3.18.
Société Générale Société anonyme provides financial services in Europe and internationally. It operates through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. The company offers retail banking services to individual customers, professionals, and corporate and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.
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