Societe Generale Group (SCGLY) – What Are Researchers Thinking About This Stock?

Societe Generale Group (OTCMKTS:SCGLY) has been assigned a consensus rating of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages recently issued reports on SCGLY. Citigroup reaffirmed a “buy” rating on shares of Societe Generale Group in a research report on Tuesday, September 22nd. The Goldman Sachs Group downgraded shares of Societe Generale Group from a “buy” rating to a “neutral” rating in a report on Wednesday, September 2nd. Kepler Capital Markets raised shares of Societe Generale Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. Morgan Stanley reissued an “overweight” rating on shares of Societe Generale Group in a research report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Societe Generale Group in a report on Wednesday, September 9th.

Societe Generale Group Stock Down 0.1%

Shares of OTCMKTS:SCGLY opened at $14.24 on Tuesday. The business’s 50 day simple moving average is $17.13 and its two-hundred day simple moving average is $16.77. The firm has a market cap of $52.64 billion, a P/E ratio of 7.34, a PEG ratio of 0.42 and a beta of 0.80. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.21 and a current ratio of 1.20. Societe Generale Group has a 52-week low of $12.17 and a 52-week high of $19.52.

Societe Generale Group (OTCMKTS:SCGLY) last issued its earnings results on Thursday, July 30th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.11. Societe Generale Group had a return on equity of 7.20% and a net margin of 23.30%. The company had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $8.03 billion. As a group, research analysts forecast that Societe Generale Group will post 1.84 EPS for the current fiscal year.

About Societe Generale Group

Societe Generale Group is a France-based international banking group that provides financial services to individuals, businesses, institutional investors and public-sector organizations. Its activities include retail banking, corporate and investment banking, private banking, asset management, insurance, consumer finance and specialized financial services.

In France, the group serves personal and business customers through Societe Generale’s retail banking network and digital banking platform BoursoBank.