Societe Generale Group (SCGLY) - What Are Analysts Saying About This Stock?

Key Points

• Analysts maintain a moderately bullish view: Nine firms give Societe Generale Group an average “Moderate Buy” rating, comprising five holds, three buys, and one strong buy.
• Recent quarterly results met expectations: The bank reported EPS of $0.47, in line with consensus, while revenue of $8.01 billion exceeded the $7.73 billion estimate.
• The stock trades below its recent averages: SCGLY opened at $13.62, below its 50-day average of $15.67 and 200-day average of $16.53, with a 1-year trading range of $12.41 to $19.52.

Shares of Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) have earned an average recommendation of "Moderate Buy" from the nine research firms that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have commented on the company. Morgan Stanley restated an "overweight" rating on shares of Societe Generale Group in a research note on Wednesday, September 2nd. Kepler Capital Markets raised Societe Generale Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 6th. Citigroup reiterated a "buy" rating on shares of Societe Generale Group in a research note on Tuesday, September 22nd. Keefe, Bruyette & Woods upgraded Societe Generale Group from a "moderate sell" rating to a "hold" rating in a research note on Tuesday, October 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Societe Generale Group in a research note on Wednesday, September 9th.

Societe Generale Group Stock Performance

OTCMKTS:SCGLY opened at $13.62 on Friday. The firm has a 50 day simple moving average of $15.67 and a 200-day simple moving average of $16.53. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.20 and a quick ratio of 1.21. The firm has a market cap of $50.34 billion, a PE ratio of 6.61, a P/E/G ratio of 0.38 and a beta of 0.80. Societe Generale Group has a 1-year low of $12.41 and a 1-year high of $19.52.

Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. Societe Generale Group had a net margin of 24.17% and a return on equity of 7.57%. The business had revenue of $8.01 billion for the quarter, compared to the consensus estimate of $7.73 billion. On average, equities analysts expect that Societe Generale Group will post 1.82 EPS for the current year.

About Societe Generale Group

Societe Generale Group is a France-based international banking group founded in 1864. Headquartered in the Paris region, the company serves individual customers, businesses, institutional investors and public-sector organizations through a network spanning France and international markets.

The group's activities include French retail banking, international retail banking and financial services, and global banking and investor solutions. Its offerings include deposit and lending products, payment services, insurance, consumer finance, vehicle leasing, private banking, corporate and investment banking, securities services, and asset management.

Societe Generale operates through established brands and subsidiaries in areas such as retail banking, mobility services and equipment finance.

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