UBS AG Upgrades Societe Generale SA (SCGLY) to “Neutral”

Societe Generale SA (NASDAQ:SCGLY) was upgraded by research analysts at UBS AG from a “sell” rating to a “neutral” rating in a report issued on Monday.

SCGLY has been the topic of several other reports. Zacks Investment Research downgraded shares of Societe Generale SA from a “buy” rating to a “hold” rating in a research report on Tuesday, January 24th. Societe Generale upgraded shares of Societe Generale SA from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, December 6th. Morgan Stanley upgraded shares of Societe Generale SA from an “equal” rating to a “weight” rating in a research report on Tuesday, December 6th. Finally, J P Morgan Chase & Co upgraded shares of Societe Generale SA from a “neutral” rating to an “overweight” rating in a research report on Thursday, November 10th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Societe Generale SA currently has an average rating of “Hold” and an average price target of $22.00.

Societe Generale SA (NASDAQ:SCGLY) opened at 9.05 on Monday. Societe Generale SA has a 12-month low of $5.69 and a 12-month high of $10.36. The company has a market cap of $36.18 billion and a P/E ratio of 9.89. The stock’s 50 day moving average is $9.81 and its 200 day moving average is $8.26.

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Societe Generale SA Company Profile

Societe Generale SA is a financial services company. The Company is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. The Company’s core businesses are managed through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions.

5 Day Chart for NASDAQ:SCGLY

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