UBS Group set a €49.00 ($58.33) price objective on Societe Generale (EPA:GLE) in a report released on Monday, December 4th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the financial services provider’s stock.
A number of other research analysts also recently issued reports on GLE. JPMorgan Chase & Co. set a €53.00 ($63.10) target price on shares of Societe Generale and gave the company a buy rating in a research report on Monday, November 6th. Berenberg Bank set a €22.00 ($26.19) price objective on shares of Societe Generale and gave the stock a sell rating in a report on Friday, November 17th. Morgan Stanley set a €56.50 ($67.26) price objective on shares of Societe Generale and gave the stock a buy rating in a report on Monday, November 6th. Jefferies Group set a €60.40 ($71.90) target price on shares of Societe Generale and gave the company a buy rating in a report on Wednesday, November 15th. Finally, Macquarie set a €39.00 ($46.43) target price on shares of Societe Generale and gave the company a sell rating in a report on Wednesday, November 15th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €49.16 ($58.53).
Societe Generale (EPA:GLE) traded down €0.04 ($0.05) during mid-day trading on Monday, reaching €43.05 ($51.25). 1,980,000 shares of the company were exchanged, compared to its average volume of 4,010,000. The firm has a market cap of $34,780.00 and a PE ratio of 13.05. Societe Generale has a twelve month low of €40.65 ($48.39) and a twelve month high of €52.26 ($62.21).
TRADEMARK VIOLATION WARNING: This piece of content was first published by Week Herald and is owned by of Week Herald. If you are viewing this piece of content on another site, it was stolen and reposted in violation of US and international copyright law. The original version of this piece of content can be viewed at https://weekherald.com/2017/12/30/ubs-analysts-give-societe-generale-gle-a-49-00-price-target.html.
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.
Receive News & Ratings for Societe Generale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Societe Generale and related companies with MarketBeat.com's FREE daily email newsletter.