Societe Generale (GLE) Given a €60.40 Price Target by Jefferies Group Analysts

Jefferies Group set a €60.40 ($71.90) price target on Societe Generale (EPA:GLE) in a report issued on Wednesday, November 15th. The brokerage currently has a buy rating on the financial services provider’s stock.

Several other research firms have also weighed in on GLE. Goldman Sachs Group set a €49.00 ($58.33) price objective on shares of Societe Generale and gave the company a neutral rating in a research report on Tuesday, August 8th. UBS set a €54.00 ($64.29) price objective on shares of Societe Generale and gave the company a buy rating in a research report on Thursday, October 19th. Kepler Capital Markets set a €53.38 ($63.55) price objective on shares of Societe Generale and gave the company a neutral rating in a research report on Monday, August 7th. Deutsche Bank set a €50.00 ($59.52) price objective on shares of Societe Generale and gave the company a neutral rating in a research report on Thursday, July 20th. Finally, Morgan Stanley set a €56.50 ($67.26) price objective on shares of Societe Generale and gave the company a buy rating in a research note on Monday, November 6th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €49.04 ($58.39).

Shares of Societe Generale (EPA GLE) traded up €0.99 ($1.18) during mid-day trading on Wednesday, hitting €42.95 ($51.13). The stock had a trading volume of 5,340,000 shares, compared to its average volume of 4,170,000. Societe Generale has a 12 month low of €39.50 ($47.02) and a 12 month high of €52.26 ($62.21).

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Societe Generale Company Profile

Societe Generale SA is a France- based financial services company. It is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. Its core businesses are managed through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions.

Analyst Recommendations for Societe Generale (EPA:GLE)

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