Societe Generale Group (OTCMKTS:SCGLY) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Societe Generale Group (OTCMKTS:SCGLY) has received a consensus rating of "Moderate Buy" from analysts, with two hold ratings, two buy ratings, and one strong buy rating.
• The company's Q2 earnings exceeded expectations, reporting $0.36 EPS and $7.71 billion in revenue, surpassing the consensus estimates of $0.32 EPS and $6.58 billion revenue.
• As of the latest trading session, SCGLY shares are priced at $13.28, reflecting a 1.7% decline in stock value.

Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the five ratings firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

A number of analysts recently weighed in on SCGLY shares. UBS Group upgraded Societe Generale Group from a "neutral" rating to a "buy" rating in a report on Tuesday, August 5th. Barclays restated an "overweight" rating on shares of Societe Generale Group in a report on Monday, August 4th.

Societe Generale Group Stock Down 1.7%

OTCMKTS SCGLY opened at $13.28 on Friday. The business has a fifty day moving average price of $12.92 and a two-hundred day moving average price of $11.19. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.32 and a quick ratio of 1.32. Societe Generale Group has a fifty-two week low of $4.80 and a fifty-two week high of $14.09. The stock has a market capitalization of $52.14 billion, a PE ratio of 9.42, a PEG ratio of 0.39 and a beta of 1.13.

Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.04. The company had revenue of $7.71 billion during the quarter, compared to the consensus estimate of $6.58 billion. Societe Generale Group had a net margin of 19.31% and a return on equity of 6.03%. Equities analysts expect that Societe Generale Group will post 1.14 earnings per share for the current fiscal year.

Societe Generale Group Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.

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