Societe Generale Group (OTCMKTS:SCGLY) Stock Rated “Hold” by Sell-Side Analysts

Societe Generale Group (OTCMKTS:SCGLY) has earned an average rating of “Hold” from the nine brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts recently commented on SCGLY shares. Citigroup restated a “buy” rating on shares of Societe Generale Group in a research note on Tuesday, September 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Societe Generale Group in a research note on Wednesday, September 9th. Zacks Research raised shares of Societe Generale Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Kepler Capital Markets raised shares of Societe Generale Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Finally, The Goldman Sachs Group cut shares of Societe Generale Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 2nd.

Societe Generale Group Price Performance

OTCMKTS SCGLY opened at $14.24 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.20 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $52.64 billion, a PE ratio of 7.34, a price-to-earnings-growth ratio of 0.42 and a beta of 0.80. The company has a 50 day moving average price of $17.03 and a two-hundred day moving average price of $16.78. Societe Generale Group has a 12-month low of $12.17 and a 12-month high of $19.52.

Societe Generale Group (OTCMKTS:SCGLY) last issued its quarterly earnings data on Thursday, July 30th. The financial services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.11. Societe Generale Group had a return on equity of 7.20% and a net margin of 23.30%. The business had revenue of $8.25 billion for the quarter, compared to the consensus estimate of $8.03 billion. As a group, equities analysts predict that Societe Generale Group will post 1.84 earnings per share for the current fiscal year.

Societe Generale Group Company Profile

Societe Generale Group is a France-based international banking group that provides financial services to individuals, businesses, institutional investors and public-sector organizations. Its activities include retail banking, corporate and investment banking, private banking, asset management, insurance, consumer finance and specialized financial services.

In France, the group serves personal and business customers through Societe Generale’s retail banking network and digital banking platform BoursoBank.