Societe Generale SA (GLE) Given a €54.00 Price Target by UBS Group AG (USA) Analysts

UBS Group AG (USA) set a €54.00 ($63.53) price objective on Societe Generale SA (EPA:GLE) in a research report released on Friday morning. The firm currently has a buy rating on the financial services provider’s stock.

A number of other equities research analysts have also recently weighed in on the stock. J P Morgan Chase & Co set a €54.00 ($63.53) price objective on shares of Societe Generale SA and gave the company a buy rating in a research note on Thursday, October 19th. Credit Suisse Group set a €48.00 ($56.47) price objective on shares of Societe Generale SA and gave the company a sell rating in a research note on Tuesday, October 3rd. Morgan Stanley set a €59.80 ($70.35) price objective on shares of Societe Generale SA and gave the company a buy rating in a research note on Monday, October 2nd. Deutsche Bank AG set a €50.00 ($58.82) price objective on shares of Societe Generale SA and gave the company a neutral rating in a research note on Tuesday, September 26th. Finally, HSBC Holdings plc set a €55.00 ($64.71) price objective on shares of Societe Generale SA and gave the company a buy rating in a research note on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. Societe Generale SA has an average rating of Hold and an average price target of €52.35 ($61.59).

Shares of Societe Generale SA (EPA GLE) traded down €1.95 ($2.29) during midday trading on Friday, hitting €45.70 ($53.76). 6,660,000 shares of the company were exchanged, compared to its average volume of 3,180,000. Societe Generale SA has a fifty-two week low of €34.95 ($41.12) and a fifty-two week high of €52.26 ($61.48).

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Societe Generale SA Company Profile

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.

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