Société Générale Société anonyme (OTCMKTS:SCGLY) Hits New 12-Month High - What's Next?

Shares of Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $9.98 and last traded at $9.97, with a volume of 568021 shares changing hands. The stock had previously closed at $9.84.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Barclays raised Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. Kepler Capital Markets lowered Société Générale Société anonyme from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 2nd. Three equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Société Générale Société anonyme Trading Down 0.3 %

The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61. The firm has a 50 day moving average of $8.89 and a 200 day moving average of $6.95. The firm has a market cap of $41.86 billion, a PE ratio of 10.46, a P/E/G ratio of 0.26 and a beta of 0.92.

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.38 EPS for the quarter, beating the consensus estimate of $0.34 by $0.04. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. The business had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.02 billion. Equities analysts anticipate that Société Générale Société anonyme will post 1.14 earnings per share for the current year.

Société Générale Société anonyme 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.