UBS AG Analysts Give Societe Generale SA (GLE) a €54.00 Price Target
UBS AG set a €54.00 ($64.29) price objective on Societe Generale SA (EPA:GLE) in a research note published on Monday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the financial services provider’s stock.
A number of other research firms have also recently commented on GLE. Goldman Sachs Group, Inc. (The) set a €49.00 ($58.33) target price on Societe Generale SA and gave the stock a neutral rating in a research note on Tuesday, August 8th. Morgan Stanley set a €59.80 ($71.19) target price on Societe Generale SA and gave the stock a buy rating in a research note on Wednesday, May 10th. Macquarie set a €50.00 ($59.52) target price on Societe Generale SA and gave the stock a neutral rating in a research note on Monday, May 8th. Jefferies Group LLC set a €61.60 ($73.33) target price on Societe Generale SA and gave the stock a buy rating in a research note on Friday, May 19th. Finally, Kepler Capital Markets set a €53.38 ($63.55) target price on Societe Generale SA and gave the stock a neutral rating in a research note on Monday, August 7th. Nine analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €51.64 ($61.48).
Societe Generale SA (GLE) opened at 45.90 on Monday. Societe Generale SA has a 52 week low of €29.23 and a 52 week high of €52.26. The firm’s 50-day moving average price is €48.05 and its 200 day moving average price is €47.51. The company has a market capitalization of €36.71 billion and a PE ratio of 13.17.
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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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