Societe Generale (EPA:GLE) received a €49.00 ($58.33) price target from equities research analysts at JPMorgan Chase & Co. in a report released on Thursday. The firm presently has a “neutral” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 8.10% from the stock’s previous close.
A number of other analysts have also commented on GLE. UBS Group set a €54.00 ($64.29) target price on Societe Generale and gave the stock a “buy” rating in a report on Monday, September 25th. Deutsche Bank set a €50.00 ($59.52) target price on Societe Generale and gave the stock a “neutral” rating in a report on Tuesday, September 26th. Morgan Stanley set a €59.80 ($71.19) target price on Societe Generale and gave the stock a “buy” rating in a report on Monday, October 2nd. Credit Suisse Group set a €48.00 ($57.14) target price on Societe Generale and gave the stock a “sell” rating in a report on Tuesday, October 3rd. Finally, Kepler Capital Markets set a €52.77 ($62.82) target price on Societe Generale and gave the stock a “neutral” rating in a report on Monday, November 6th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. Societe Generale currently has an average rating of “Hold” and an average target price of €48.57 ($57.82).
Shares of Societe Generale (EPA:GLE) opened at €45.33 ($53.96) on Thursday. The company has a market capitalization of $36,620.00 and a price-to-earnings ratio of 13.74. Societe Generale has a fifty-two week low of €40.65 ($48.39) and a fifty-two week high of €52.26 ($62.21).
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Ticker Report and is the property of of Ticker Report. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.tickerreport.com/banking-finance/3146742/jpmorgan-chase-49-00-price-target-for-societe-generale-gle.html.
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.
Receive News & Ratings for Societe Generale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Societe Generale and related companies with MarketBeat.com's FREE daily email newsletter.