Societe Generale (GLE) Given a €37.00 Price Target by Credit Suisse Group Analysts

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Credit Suisse Group set a €37.00 ($43.02) price objective on Societe Generale (EPA:GLE) in a report published on Friday. The brokerage currently has a sell rating on the financial services provider’s stock.

Several other equities analysts have also recently weighed in on GLE. Deutsche Bank set a €42.00 ($48.84) price target on shares of Societe Generale and gave the company a neutral rating in a research report on Friday, July 13th. Morgan Stanley set a €45.00 ($52.33) price target on shares of Societe Generale and gave the company a neutral rating in a research report on Friday, July 20th. Goldman Sachs Group set a €50.00 ($58.14) price target on shares of Societe Generale and gave the company a neutral rating in a research report on Monday, July 23rd. UBS Group set a €47.00 ($54.65) price target on shares of Societe Generale and gave the company a buy rating in a research report on Thursday, August 2nd. Finally, JPMorgan Chase & Co. set a €48.00 ($55.81) price target on shares of Societe Generale and gave the company a neutral rating in a research report on Thursday, August 2nd. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company. Societe Generale currently has an average rating of Hold and a consensus target price of €43.86 ($51.00).

EPA GLE traded up €0.42 ($0.49) during trading hours on Friday, hitting €45.19 ($52.55). The company’s stock had a trading volume of 7,380,000 shares, compared to its average volume of 4,140,000. Societe Generale has a 52 week low of €41.88 ($48.70) and a 52 week high of €52.26 ($60.77).

About Societe Generale

Société Générale Société anonyme provides financial services in Europe and internationally. It operates through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. The company offers retail banking services to individual customers, professionals, and corporate and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.

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Analyst Recommendations for Societe Generale (EPA:GLE)

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