Societe Generale SA (GLE) Given a €56.50 Price Target by Morgan Stanley Analysts
Societe Generale SA (EPA:GLE) has been given a €56.50 ($65.70) price target by Morgan Stanley in a report released on Monday. The brokerage presently has a “buy” rating on the financial services provider’s stock. Morgan Stanley’s price target points to a potential upside of 27.71% from the company’s current price.
A number of other equities analysts also recently issued reports on GLE. Credit Suisse Group set a €48.00 ($55.81) price target on Societe Generale SA and gave the company a “sell” rating in a research note on Tuesday, October 3rd. J P Morgan Chase & Co set a €55.00 ($63.95) price target on Societe Generale SA and gave the company a “buy” rating in a research note on Monday, September 25th. Kepler Capital Markets set a €53.38 ($62.07) price target on Societe Generale SA and gave the company a “neutral” rating in a research note on Monday, August 7th. Jefferies Group LLC set a €62.40 ($72.56) price target on Societe Generale SA and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Goldman Sachs Group, Inc. (The) set a €49.00 ($56.98) price target on Societe Generale SA and gave the company a “neutral” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €52.09 ($60.57).
Societe Generale SA (GLE) opened at €44.24 ($51.44) on Monday. Societe Generale SA has a 12 month low of €35.26 ($41.00) and a 12 month high of €52.26 ($60.77).
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About Societe Generale SA
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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