Shares of Societe Generale SA (OTCMKTS:SCGLY) have received an average recommendation of “Hold” from the twelve analysts that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $45.00.
Several equities research analysts have weighed in on the stock. Bank of America restated an “underperform” rating on shares of Societe Generale in a research note on Wednesday, April 3rd. HSBC restated a “hold” rating on shares of Societe Generale in a research note on Thursday, April 4th. Zacks Investment Research upgraded shares of Societe Generale from a “sell” rating to a “hold” rating in a research note on Wednesday, March 27th. Jefferies Financial Group downgraded shares of Societe Generale from a “buy” rating to a “hold” rating in a research note on Tuesday, February 26th. Finally, ValuEngine downgraded shares of Societe Generale from a “sell” rating to a “strong sell” rating in a research note on Friday, March 1st.
Shares of OTCMKTS SCGLY traded up $0.12 during midday trading on Tuesday, reaching $6.41. 158,152 shares of the company’s stock traded hands, compared to its average volume of 455,011. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.40 and a current ratio of 1.41. Societe Generale has a one year low of $5.33 and a one year high of $11.27. The company has a market cap of $25.89 billion, a PE ratio of 5.53 and a beta of 0.99.
The company also recently announced an annual dividend, which will be paid on Monday, July 8th. Shareholders of record on Friday, May 24th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a yield of 6.7%. Societe Generale’s dividend payout ratio (DPR) is 36.21%.
Societe Generale Company Profile
Société Générale Société anonyme provides financial services in Europe and internationally. Its primary businesses include French retail banking; international retail banking, insurance, and financial services; and global banking and investor solutions. The company offers retail banking services to individual customers, professionals, and businesses and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama Banque brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.
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