Societe Generale SA (GLE) Given Consensus Recommendation of “Hold” by Analysts

Shares of Societe Generale SA (EPA:GLE) have been given an average recommendation of “Hold” by the seventeen analysts that are covering the stock. Ten equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is €49.68 ($54.60).

GLE has been the subject of a number of research analyst reports. Jefferies Group LLC set a €58.60 ($64.40) price target on shares of Societe Generale SA and gave the stock a “buy” rating in a report on Thursday, January 19th. Deutsche Bank AG set a €44.00 ($48.35) price objective on shares of Societe Generale SA and gave the stock a “neutral” rating in a research note on Monday, January 23rd. Goldman Sachs Group Inc set a €46.00 ($50.55) price objective on shares of Societe Generale SA and gave the stock a “neutral” rating in a research note on Thursday, January 26th. Citigroup Inc set a €51.00 ($56.04) price objective on shares of Societe Generale SA and gave the stock a “buy” rating in a research note on Friday, February 3rd. Finally, S&P Global set a €47.00 ($51.65) price objective on shares of Societe Generale SA and gave the stock a “neutral” rating in a research note on Thursday, February 9th.

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Societe Generale SA (EPA:GLE) traded up 2.49% on Friday, reaching €50.02. The company had a trading volume of 6,019,853 shares. The company’s 50 day moving average price is €47.98 and its 200-day moving average price is €45.08. Societe Generale SA has a 12 month low of €25.00 and a 12 month high of €52.26.

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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