Société Générale Société anonyme (OTCMKTS:SCGLY) was upgraded by equities research analysts at Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, The Fly reports.
Other analysts have also recently issued research reports about the stock. Morgan Stanley upgraded shares of Société Générale Société anonyme from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, May 19th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Société Générale Société anonyme in a research note on Tuesday, February 23rd. Royal Bank of Canada restated a “sector perform” rating on shares of Société Générale Société anonyme in a research note on Thursday, February 18th. HSBC upgraded shares of Société Générale Société anonyme to a “hold” rating in a research note on Friday, May 28th. Finally, Zacks Investment Research downgraded shares of Société Générale Société anonyme from a “buy” rating to a “hold” rating in a report on Saturday, May 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. Société Générale Société anonyme currently has a consensus rating of “Hold” and an average target price of $6.25.
Shares of OTCMKTS:SCGLY opened at $6.44 on Wednesday. The firm has a market cap of $27.48 billion, a PE ratio of 42.94 and a beta of 1.60. The stock’s fifty day simple moving average is $5.91. The company has a debt-to-equity ratio of 4.12, a quick ratio of 1.42 and a current ratio of 1.42. Société Générale Société anonyme has a 1-year low of $2.53 and a 1-year high of $6.66.
SociÃ©tÃ© GÃ©nÃ©rale SociÃ©tÃ© anonyme provides financial services in Europe, the Americas, Asia, Oceania, Africa, and France. The company offers retail banking services, including deposits and loans, vehicles and asset management, corporate finance, insurance, payments, investment, and online brokerage and financial information services; Internet, mobile, telephone, and service platforms; and online banking to individual and professional customers, businesses, non-profit associations and local authorities under the Societe Generale, CrÃ©dit du Nord, and Boursorama Banque brands.
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