Morgan Stanley Analysts Give Societe Generale (GLE) a €55.00 Price Target

Morgan Stanley set a €55.00 ($67.90) price target on Societe Generale (EPA:GLE) in a report released on Thursday. The brokerage currently has a buy rating on the financial services provider’s stock.

Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. set a €53.00 ($65.43) price target on Societe Generale and gave the company a buy rating in a research note on Tuesday, November 28th. Credit Suisse Group set a €44.00 ($54.32) price target on Societe Generale and gave the company a sell rating in a research note on Thursday, February 8th. Kepler Capital Markets set a €46.90 ($57.90) price target on Societe Generale and gave the company a neutral rating in a research note on Monday, February 12th. Jefferies Group set a €60.40 ($74.57) price target on Societe Generale and gave the company a buy rating in a research note on Wednesday, November 15th. Finally, Macquarie set a €39.00 ($48.15) price target on Societe Generale and gave the company a sell rating in a research note on Wednesday, November 15th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €48.02 ($59.28).

Shares of Societe Generale (GLE) opened at €46.52 ($57.43) on Thursday. Societe Generale has a 12-month low of €40.65 ($50.19) and a 12-month high of €52.26 ($64.52). The firm has a market capitalization of $37,580.00 and a PE ratio of 15.93.

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About Societe Generale

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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