Societe Generale (EPA:GLE) has been given a €49.00 ($60.49) price target by analysts at JPMorgan Chase & Co. in a report issued on Thursday. The brokerage presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 11.04% from the company’s current price.
Several other research firms have also weighed in on GLE. Morgan Stanley set a €52.70 ($65.06) price objective on shares of Societe Generale and gave the company a “buy” rating in a research note on Thursday, January 25th. Credit Suisse Group set a €44.00 ($54.32) price objective on shares of Societe Generale and gave the company a “sell” rating in a research note on Thursday. Goldman Sachs Group set a €49.00 ($60.49) price objective on shares of Societe Generale and gave the company a “neutral” rating in a research note on Thursday. Deutsche Bank set a €49.00 ($60.49) price objective on shares of Societe Generale and gave the company a “neutral” rating in a research note on Monday, January 22nd. Finally, Kepler Capital Markets set a €50.40 ($62.22) price objective on shares of Societe Generale and gave the company a “neutral” rating in a research note on Wednesday, January 17th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of €48.15 ($59.44).
Societe Generale (EPA:GLE) opened at €44.13 ($54.48) on Thursday. The firm has a market cap of $35,660.00 and a P/E ratio of 15.11. Societe Generale has a 12 month low of €40.65 ($50.19) and a 12 month high of €52.26 ($64.52).
COPYRIGHT VIOLATION WARNING: “Societe Generale (GLE) PT Set at €49.00 by JPMorgan Chase & Co.” was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://www.com-unik.info/2018/02/10/societe-generale-gle-pt-set-at-49-00-by-jpmorgan-chase-co.html.
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.
Receive News & Ratings for Societe Generale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Societe Generale and related companies with MarketBeat.com's FREE daily email newsletter.