Societe Generale (SCGLY) PT Set at $45.00 by UBS Group
Societe Generale (OTCMKTS:SCGLY) has been given a $45.00 price target by UBS Group in a report released on Tuesday, www.tipranks.com reports. The brokerage presently has a “buy” rating on the financial services provider’s stock.
Several other research firms have also recently issued reports on SCGLY. Morgan Stanley set a $44.00 price objective on shares of Societe Generale and gave the company a “hold” rating in a research report on Tuesday. ValuEngine raised shares of Societe Generale from a “strong sell” rating to a “sell” rating in a research report on Tuesday, November 6th. JPMorgan Chase & Co. reissued a “hold” rating on shares of Societe Generale in a research report on Friday, November 9th. Zacks Investment Research cut shares of Societe Generale from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 15th. Finally, Goldman Sachs Group reissued a “hold” rating on shares of Societe Generale in a research report on Tuesday, October 23rd. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $33.67.
Societe Generale stock opened at $7.36 on Tuesday. The company has a debt-to-equity ratio of 3.18, a quick ratio of 1.37 and a current ratio of 1.34. Societe Generale has a 1 year low of $7.21 and a 1 year high of $11.75.
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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