Morgan Stanley Reaffirms Buy Rating for Societe Generale SA (GLE)

Morgan Stanley reissued their buy rating on shares of Societe Generale SA (EPA:GLE) in a research note published on Tuesday morning.

A number of other equities research analysts also recently weighed in on the company. Goldman Sachs Group, Inc. (The) set a €50.00 ($56.18) target price on Societe Generale SA and gave the stock a neutral rating in a report on Friday, June 9th. Deutsche Bank AG set a €47.00 ($52.81) target price on Societe Generale SA and gave the stock a neutral rating in a report on Wednesday, June 7th. J P Morgan Chase & Co set a €55.00 ($61.80) price target on Societe Generale SA and gave the company a buy rating in a research note on Monday, June 5th. Kepler Capital Markets set a €54.50 ($61.24) price target on Societe Generale SA and gave the company a neutral rating in a research note on Saturday, May 20th. Finally, Jefferies Group LLC set a €61.60 ($69.21) price target on Societe Generale SA and gave the company a buy rating in a research note on Friday, May 19th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of €50.48 ($56.71).

Analyst Recommendations for Societe Generale SA (EPA:GLE)

Societe Generale SA (GLE) opened at 46.47 on Tuesday. The firm has a market cap of €37.21 billion and a PE ratio of 11.59. The stock has a 50 day moving average of €49.07 and a 200-day moving average of €46.37. Societe Generale SA has a 52 week low of €25.00 and a 52 week high of €52.26.

ILLEGAL ACTIVITY WARNING: This article was first published by sleekmoney and is owned by of sleekmoney. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://sleekmoney.com/morgan-stanley-reaffirms-buy-rating-for-societe-generale-sa-gle/1913582.html.

Societe Generale SA Company Profile

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.

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/morgan-stanley-reaffirms-buy-rating-for-societe-generale-sa-gle/1913582.html

Receive News & Ratings for Societe Generale SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Societe Generale SA and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *