Societe Generale Group (OTCMKTS:SCGLY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Societe Generale Group (OTCMKTS:SCGLY) have received a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research analysts recently commented on SCGLY shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Societe Generale Group in a research note on Monday, February 9th. Citigroup restated a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 9th. Keefe, Bruyette & Woods lowered shares of Societe Generale Group from a “moderate buy” rating to a “hold” rating in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Societe Generale Group in a research report on Tuesday, February 17th. Finally, Zacks Research raised Societe Generale Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th.

Societe Generale Group Price Performance

SCGLY opened at $14.51 on Friday. The business’s 50-day moving average is $16.48 and its two-hundred day moving average is $14.88. Societe Generale Group has a 1 year low of $7.29 and a 1 year high of $18.30. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market capitalization of $54.54 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 0.51 and a beta of 0.75.

Societe Generale Group (OTCMKTS:SCGLY) last released its quarterly earnings results on Friday, February 6th. The financial services provider reported $0.37 EPS for the quarter, beating the consensus estimate of $0.32 by $0.05. Societe Generale Group had a net margin of 22.01% and a return on equity of 6.71%. The business had revenue of $7.83 billion during the quarter, compared to analyst estimates of $7.77 billion. Research analysts anticipate that Societe Generale Group will post 1.14 earnings per share for the current fiscal year.

Societe Generale Group Company Profile

Société Générale Group, founded in 1864 and headquartered in Paris, is one of France’s largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments.

The group’s core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.