Societe Generale Group (OTCMKTS:SCGLY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Societe Generale Group (OTCMKTS:SCGLY) have earned a consensus rating of “Hold” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company.

Several equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Societe Generale Group in a research note on Tuesday, May 26th. Citigroup reaffirmed a “buy” rating on shares of Societe Generale Group in a research note on Thursday, April 23rd. Kepler Capital Markets raised Societe Generale Group from a “reduce” rating to a “hold” rating in a research note on Friday, May 15th. Zacks Research downgraded Societe Generale Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Societe Generale Group in a research note on Monday, February 16th.

Societe Generale Group Stock Performance

Shares of SCGLY stock opened at $16.39 on Wednesday. The company has a market cap of $61.00 billion, a price-to-earnings ratio of 9.11, a price-to-earnings-growth ratio of 0.57 and a beta of 0.80. The stock has a 50 day simple moving average of $15.90 and a 200-day simple moving average of $15.88. Societe Generale Group has a 12-month low of $10.75 and a 12-month high of $18.30. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.06.

Societe Generale Group (OTCMKTS:SCGLY) last issued its earnings results on Thursday, April 30th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. Societe Generale Group had a return on equity of 6.92% and a net margin of 22.33%.The business had revenue of $8.32 billion during the quarter, compared to the consensus estimate of $8.29 billion. On average, equities analysts forecast that Societe Generale Group will post 1.69 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.