Societe Generale SA (OTCMKTS:SCGLY) Receives Average Recommendation of “Hold” from Analysts

Societe Generale SA (OTCMKTS:SCGLY) has earned a consensus recommendation of “Hold” from the six research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company.

A number of equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Societe Generale from a “hold” rating to a “sell” rating in a research report on Tuesday, September 15th. ValuEngine downgraded shares of Societe Generale from a “hold” rating to a “sell” rating in a report on Monday, August 3rd.

SCGLY traded down $0.03 during trading on Tuesday, hitting $2.74. 480,273 shares of the company traded hands, compared to its average volume of 551,987. The firm has a market cap of $11.69 billion, a P/E ratio of -18.27 and a beta of 1.26. The stock’s fifty day moving average is $3.14 and its 200 day moving average is $3.25. The company has a quick ratio of 1.44, a current ratio of 1.43 and a debt-to-equity ratio of 3.97. Societe Generale has a one year low of $2.47 and a one year high of $7.15.

Societe Generale (OTCMKTS:SCGLY) last posted its quarterly earnings results on Monday, August 3rd. The financial services provider reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.05). The company had revenue of $5.83 billion for the quarter, compared to the consensus estimate of $6.28 billion. Societe Generale had a negative net margin of 0.31% and a positive return on equity of 2.27%. On average, equities research analysts forecast that Societe Generale will post -0.17 EPS for the current fiscal year.

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.

Recommended Story: How to interpret Moving Average Convergence Divergence (MACD)

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.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit