Societe Generale Group (OTCMKTS:SCGLY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Societe Generale Group (OTCMKTS:SCGLY) have earned an average recommendation of “Hold” from the eleven research firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and six have given a buy recommendation to the company.

A number of analysts have weighed in on the stock. The Goldman Sachs Group restated a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 16th. Zacks Research lowered shares of Societe Generale Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Societe Generale Group in a research note on Tuesday, May 26th. Citigroup restated a “buy” rating on shares of Societe Generale Group in a research note on Tuesday. Finally, Kepler Capital Markets upgraded shares of Societe Generale Group from a “reduce” rating to a “hold” rating in a research note on Friday, May 15th.

Societe Generale Group Stock Up 2.1%

Shares of Societe Generale Group stock opened at $16.28 on Wednesday. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.21 and a quick ratio of 1.21. The company has a 50-day moving average of $16.10 and a 200 day moving average of $15.99. The firm has a market cap of $60.59 billion, a price-to-earnings ratio of 9.04, a PEG ratio of 0.53 and a beta of 0.80. Societe Generale Group has a 1 year low of $10.75 and a 1 year high of $18.30.

Societe Generale Group (OTCMKTS:SCGLY) last issued its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $8.32 billion during the quarter, compared to analyst estimates of $8.29 billion. Societe Generale Group had a net margin of 22.33% and a return on equity of 6.92%. As a group, sell-side analysts anticipate that Societe Generale Group will post 1.7 earnings per share for the current fiscal 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.