Societe Generale Group (OTCMKTS:SCGLY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Societe Generale Group (OTCMKTS:SCGLY) have been given an average rating of “Moderate Buy” by the nine brokerages that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities analysts recently issued reports on SCGLY shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Societe Generale Group in a research report on Tuesday, September 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Societe Generale Group in a report on Wednesday, September 9th. The Goldman Sachs Group lowered shares of Societe Generale Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, September 2nd. Morgan Stanley reiterated an “overweight” rating on shares of Societe Generale Group in a research note on Wednesday, September 2nd. Finally, Keefe, Bruyette & Woods raised Societe Generale Group from a “moderate sell” rating to a “hold” rating in a report on Tuesday, October 13th.

Societe Generale Group Trading Down 2.2%

Shares of OTCMKTS:SCGLY opened at $13.62 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.20 and a debt-to-equity ratio of 2.10. The company’s 50-day moving average price is $15.67 and its 200 day moving average price is $16.53. The company has a market cap of $50.34 billion, a PE ratio of 6.61, a P/E/G ratio of 0.38 and a beta of 0.80. Societe Generale Group has a fifty-two week low of $12.41 and a fifty-two week high of $19.52.

Societe Generale Group (OTCMKTS:SCGLY) last posted its earnings results on Thursday, October 29th. The financial services provider reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. The firm had revenue of $8.01 billion during the quarter, compared to analysts’ expectations of $7.73 billion. Societe Generale Group had a net margin of 24.17% and a return on equity of 7.57%. Sell-side analysts anticipate that Societe Generale Group will post 1.82 earnings per share for the current year.

About Societe Generale Group

Societe Generale Group is a France-based international banking group founded in 1864. Headquartered in the Paris region, the company serves individual customers, businesses, institutional investors and public-sector organizations through a network spanning France and international markets.

The group’s activities include French retail banking, international retail banking and financial services, and global banking and investor solutions. Its offerings include deposit and lending products, payment services, insurance, consumer finance, vehicle leasing, private banking, corporate and investment banking, securities services, and asset management.

Societe Generale operates through established brands and subsidiaries in areas such as retail banking, mobility services and equipment finance.