Societe Generale SA (EPA:GLE) has been given a €49.00 ($57.65) target price by Goldman Sachs Group, Inc. (The) in a research note issued to investors on Monday. The firm presently has a “neutral” rating on the financial services provider’s stock. Goldman Sachs Group, Inc. (The)’s target price suggests a potential upside of 11.85% from the company’s current price.
A number of other equities research analysts have also weighed in on the company. Kepler Capital Markets set a €52.77 ($62.08) price objective on Societe Generale SA and gave the stock a “neutral” rating in a research report on Monday. J P Morgan Chase & Co set a €53.00 ($62.35) price objective on Societe Generale SA and gave the stock a “buy” rating in a research report on Monday. UBS AG set a €54.00 ($63.53) price objective on Societe Generale SA and gave the stock a “buy” rating in a research report on Friday. Credit Suisse Group set a €48.00 ($56.47) price objective on Societe Generale SA and gave the stock a “sell” rating in a research report on Tuesday, October 3rd. Finally, Morgan Stanley set a €59.80 ($70.35) price objective on Societe Generale SA and gave the stock a “buy” rating in a research report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €52.24 ($61.46).
Shares of Societe Generale SA (EPA:GLE) opened at €43.81 ($51.54) on Monday. Societe Generale SA has a 1 year low of €35.26 ($41.48) and a 1 year high of €52.26 ($61.48).
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About Societe Generale SA
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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