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

Shares of Societe Generale Group (OTCMKTS:SCGLY) have received a consensus rating of “Moderate Buy” from the eleven brokerages that are currently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company.

Several research firms have recently commented on SCGLY. Societe Generale upgraded shares of Societe Generale Group from a “market perform” rating to a “hold” rating in a report on Friday. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Societe Generale Group in a report on Tuesday, February 17th. Keefe, Bruyette & Woods cut shares of Societe Generale Group from a “moderate buy” rating to a “hold” rating in a report on Wednesday, January 28th. The Goldman Sachs Group restated a “buy” rating on shares of Societe Generale Group in a report on Monday, February 16th. Finally, Zacks Research cut shares of Societe Generale Group from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th.

Societe Generale Group Trading Down 1.4%

OTCMKTS SCGLY opened at $15.35 on Friday. Societe Generale Group has a twelve month low of $10.46 and a twelve month high of $18.30. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market cap of $57.69 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 0.53 and a beta of 0.80. The firm’s 50 day moving average price is $15.73 and its two-hundred day moving average price is $15.60.

Societe Generale Group (OTCMKTS:SCGLY) last posted its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.03. Societe Generale Group had a net margin of 22.33% and a return on equity of 6.92%. The firm had revenue of $8.32 billion for the quarter, compared to analysts’ expectations of $8.29 billion. Equities analysts anticipate 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.