Credit Suisse Group AG assumed coverage on shares of Societe Generale SA (NASDAQ:SCGLY) in a research report sent to investors on Friday morning. The brokerage issued a neutral rating and a $35.00 price objective on the stock.
Separately, Zacks Investment Research downgraded Societe Generale SA from a buy rating to a sell rating in a research report on Friday, July 1st.
Shares of Societe Generale SA (NASDAQ:SCGLY) opened at 6.95 on Friday. The firm has a 50 day moving average price of $7.12 and a 200-day moving average price of $7.32. The firm has a market capitalization of $27.77 billion and a P/E ratio of 6.64. Societe Generale SA has a 52 week low of $5.69 and a 52 week high of $9.90.
About Societe Generale SA
Societe Generale SA is a financial services company. The Company is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. The Company’s 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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