J P Morgan Chase & Co Reiterates “€55.00” Price Target for Societe Generale SA (GLE)
J P Morgan Chase & Co set a €55.00 ($65.48) price target on Societe Generale SA (EPA:GLE) in a research note released on Friday. The brokerage currently has a buy rating on the financial services provider’s stock.
Other analysts also recently issued reports about the company. UBS AG set a €48.00 ($57.14) target price on Societe Generale SA and gave the company a neutral rating in a research note on Wednesday, June 7th. Morgan Stanley restated a buy rating on shares of Societe Generale SA in a research note on Wednesday, August 16th. Deutsche Bank AG set a €47.00 ($55.95) target price on Societe Generale SA and gave the company a neutral rating in a research note on Wednesday, June 7th. Jefferies Group LLC set a €61.60 ($73.33) target price on Societe Generale SA and gave the company a buy rating in a research note on Friday, May 19th. Finally, Kepler Capital Markets set a €54.50 ($64.88) target price on Societe Generale SA and gave the company a neutral rating in a research note on Saturday, May 20th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of €51.64 ($61.48).
Shares of Societe Generale SA (EPA:GLE) opened at 48.265 on Friday. Societe Generale SA has a one year low of €29.23 and a one year high of €52.26. The stock has a market capitalization of €38.60 billion and a P/E ratio of 13.845. The firm’s 50-day moving average price is €47.95 and its 200-day moving average price is €47.73.
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Societe Generale SA Company Profile
Societe Generale SA is a France- based financial services company. It is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. Its core businesses are managed through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions.
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