Societe Generale (GLE) PT Set at €39.00 by Credit Suisse Group

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Societe Generale (EPA:GLE) received a €39.00 ($45.35) target price from analysts at Credit Suisse Group in a note issued to investors on Thursday, September 27th. The brokerage currently has a “sell” rating on the financial services provider’s stock. Credit Suisse Group’s price target would indicate a potential downside of 13.70% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group set a €60.00 ($69.77) target price on Societe Generale and gave the company a “buy” rating in a report on Monday, June 4th. UBS Group set a €47.00 ($54.65) target price on Societe Generale and gave the company a “buy” rating in a report on Thursday, August 2nd. Kepler Capital Markets set a €44.09 ($51.27) target price on Societe Generale and gave the company a “buy” rating in a report on Monday, June 4th. JPMorgan Chase & Co. set a €48.00 ($55.81) target price on Societe Generale and gave the company a “neutral” rating in a report on Tuesday, July 10th. Finally, HSBC set a €43.00 ($50.00) price target on Societe Generale and gave the company a “neutral” rating in a research report on Friday, June 1st. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of €44.36 ($51.59).

EPA GLE traded up €0.42 ($0.49) during trading hours on Thursday, reaching €45.19 ($52.55). The company’s stock had a trading volume of 7,380,000 shares, compared to its average volume of 4,140,000. Societe Generale has a 1-year low of €41.88 ($48.70) and a 1-year high of €52.26 ($60.77).

Societe Generale Company Profile

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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Analyst Recommendations for Societe Generale (EPA:GLE)

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