UBS Analysts Give Societe Generale (GLE) a €49.00 Price Target

UBS set a €49.00 ($58.33) price objective on Societe Generale (EPA:GLE) in a report released on Monday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the financial services provider’s stock.

GLE has been the subject of several other reports. Jefferies Group set a €62.40 ($74.29) target price on Societe Generale and gave the stock a buy rating in a research note on Wednesday, August 9th. J P Morgan Chase & Co set a €55.00 ($65.48) target price on Societe Generale and gave the stock a buy rating in a research note on Monday, September 25th. Credit Suisse Group set a €48.00 ($57.14) target price on Societe Generale and gave the stock a sell rating in a research note on Tuesday, October 3rd. set a €55.00 ($65.48) target price on Societe Generale and gave the stock a buy rating in a research note on Friday, August 11th. Finally, Macquarie set a €39.00 ($46.43) target price on Societe Generale and gave the stock a sell rating in a research note on Wednesday, November 15th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €49.04 ($58.39).

Shares of Societe Generale (EPA GLE) opened at €42.42 ($50.50) on Monday. Societe Generale has a one year low of €39.50 ($47.02) and a one year high of €52.26 ($62.21).

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About Societe Generale

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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