Societe Generale Group (OTCMKTS:SCGLY) Given Average Rating of “Moderate Buy” by Analysts

Societe Generale Group (OTCMKTS:SCGLY) has been assigned an average recommendation of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company.

Several brokerages recently weighed in on SCGLY. Zacks Research raised Societe Generale Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. The Goldman Sachs Group raised shares of Societe Generale Group from a “neutral” rating to a “buy” rating in a report on Thursday, December 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Societe Generale Group in a report on Friday, November 14th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Societe Generale Group in a report on Monday, November 3rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Societe Generale Group in a research report on Monday, November 24th.

Societe Generale Group Stock Performance

Shares of SCGLY opened at $16.50 on Friday. The company’s 50 day simple moving average is $14.59 and its 200-day simple moving average is $13.30. The firm has a market cap of $63.27 billion, a PE ratio of 11.00, a price-to-earnings-growth ratio of 0.37 and a beta of 0.80. Societe Generale Group has a 12-month low of $5.58 and a 12-month high of $16.57. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 3.40.

Societe Generale Group (OTCMKTS:SCGLY) last issued its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. Societe Generale Group had a net margin of 20.06% and a return on equity of 6.18%. The firm had revenue of $7.78 billion during the quarter, compared to analysts’ expectations of $7.54 billion. As a group, equities analysts predict that Societe Generale Group will post 1.14 EPS for the current year.

Societe Generale Group Company Profile

Société Générale Group, founded in 1864 and headquartered in Paris, is one of France’s largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments.

The group’s core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.