Societe Generale SA (GLE) Given Buy Rating at Morgan Stanley
A number of other brokerages have also weighed in on GLE. UBS AG restated a neutral rating on shares of Societe Generale SA in a research note on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) set a €49.00 ($57.65) target price on Societe Generale SA and gave the company a neutral rating in a research report on Tuesday, August 8th. Royal Bank Of Canada set a €50.00 ($58.82) target price on Societe Generale SA and gave the company a neutral rating in a research report on Friday, May 5th. Macquarie set a €50.00 ($58.82) target price on Societe Generale SA and gave the company a neutral rating in a research report on Monday, May 8th. Finally, Barclays PLC set a €50.00 ($58.82) target price on Societe Generale SA and gave the company a neutral rating in a research report on Thursday, May 4th. Ten investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €51.27 ($60.31).
Societe Generale SA (GLE) opened at 48.02 on Wednesday. The company has a market cap of €38.41 billion and a PE ratio of 13.78. Societe Generale SA has a 52 week low of €29.23 and a 52 week high of €52.26. The stock has a 50 day moving average of €48.83 and a 200 day moving average of €47.24.
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Societe Generale SA Company Profile
Societe Generale Group 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 customers, professionals, corporates, institutions, and associations in Europe, Russia, Africa, and French overseas departments and territories.
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