JPMorgan Chase & Co. set a €51.00 ($60.71) price target on Societe Generale (EPA:GLE) in a report published on Tuesday. The brokerage currently has a buy rating on the financial services provider’s stock.
Several other equities research analysts also recently issued reports on the company. Berenberg Bank set a €22.00 ($26.19) price target on Societe Generale and gave the company a sell rating in a research report on Friday, November 17th. Morgan Stanley set a €56.50 ($67.26) price target on Societe Generale and gave the company a buy rating in a research report on Monday, November 6th. Jefferies Group set a €60.40 ($71.90) target price on Societe Generale and gave the stock a buy rating in a research report on Wednesday, November 15th. Macquarie set a €39.00 ($46.43) target price on Societe Generale and gave the stock a sell rating in a research report on Wednesday, November 15th. Finally, Goldman Sachs Group set a €49.00 ($58.33) target price on Societe Generale and gave the stock a neutral rating in a research report on Wednesday, November 15th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company. Societe Generale currently has a consensus rating of Hold and a consensus target price of €48.84 ($58.15).
Shares of Societe Generale (GLE) opened at €46.57 ($55.44) on Tuesday. The stock has a market capitalization of $37,620.00 and a PE ratio of 14.11. Societe Generale has a 1 year low of €40.65 ($48.39) and a 1 year high of €52.26 ($62.21).
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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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