Societe Generale (EPA:GLE) has been assigned a €47.00 ($54.65) price target by investment analysts at Goldman Sachs Group in a research report issued to clients and investors on Friday, November 16th. The firm presently has a “neutral” rating on the financial services provider’s stock.
Several other analysts have also recently issued reports on the stock. Berenberg Bank set a €30.00 ($34.88) price target on shares of Societe Generale and gave the stock a “sell” rating in a research report on Thursday, September 6th. Deutsche Bank set a €43.00 ($50.00) target price on shares of Societe Generale and gave the company a “neutral” rating in a report on Tuesday, September 18th. HSBC set a €50.00 ($58.14) target price on shares of Societe Generale and gave the company a “buy” rating in a report on Thursday, September 13th. Royal Bank of Canada set a €40.00 ($46.51) target price on shares of Societe Generale and gave the company a “neutral” rating in a report on Friday, October 19th. Finally, JPMorgan Chase & Co. set a €48.00 ($55.81) target price on shares of Societe Generale and gave the company a “neutral” rating in a report on Thursday, August 2nd. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. Societe Generale presently has an average rating of “Hold” and an average price target of €43.40 ($50.47).
Societe Generale has a 1 year low of €41.88 ($48.70) and a 1 year high of €52.26 ($60.77).
Société Générale Société anonyme provides financial services in Europe and internationally. It operates through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. The company offers retail banking services to individual customers, professionals, and corporate and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.
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