Societe Generale Group (OTCMKTS:SCGLY) Given Consensus Rating of “Moderate Buy” by Brokerages

Societe Generale Group (OTCMKTS:SCGLY) has been given an average rating of “Moderate Buy” by the ten research firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company.

Several research analysts have recently commented on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of Societe Generale Group in a research report on Monday, November 3rd. Citigroup restated a “buy” rating on shares of Societe Generale Group in a report on Friday, December 12th. Kepler Capital Markets downgraded Societe Generale Group from a “buy” rating to a “reduce” rating in a research report on Friday, January 9th. Keefe, Bruyette & Woods cut shares of Societe Generale Group from a “moderate buy” rating to a “hold” rating in a research report on Wednesday. Finally, The Goldman Sachs Group raised shares of Societe Generale Group from a “neutral” rating to a “buy” rating in a research note on Thursday, December 4th.

Societe Generale Group Trading Up 0.7%

OTCMKTS SCGLY opened at $17.53 on Thursday. The company has a debt-to-equity ratio of 3.40, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market capitalization of $67.22 billion, a P/E ratio of 11.69, a PEG ratio of 0.40 and a beta of 0.80. The firm’s 50-day moving average is $15.73 and its two-hundred day moving average is $13.88. Societe Generale Group has a 12 month low of $6.23 and a 12 month high of $17.87.

Societe Generale Group (OTCMKTS:SCGLY) last released its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.04. The business had revenue of $7.78 billion for the quarter, compared to the consensus estimate of $7.54 billion. Societe Generale Group had a net margin of 20.06% and a return on equity of 6.18%. On average, sell-side analysts anticipate that Societe Generale Group will post 1.14 earnings per share for the current year.

Societe Generale Group Company Profile

Société Générale Group, founded in 1864 and headquartered in Paris, is one of France’s largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments.

The group’s core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.