Societe Generale Group (OTCMKTS:SCGLY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Societe Generale Group (OTCMKTS:SCGLY) has received a consensus recommendation of “Moderate Buy” from the ten analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have issued a buy recommendation on the company.

Several equities analysts have issued reports on the stock. Citigroup reaffirmed a “buy” rating on shares of Societe Generale Group in a report on Friday, December 12th. Morgan Stanley reiterated an “overweight” rating on shares of Societe Generale Group in a research note on Monday, November 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Societe Generale Group in a research note on Wednesday, January 21st. The Goldman Sachs Group upgraded shares of Societe Generale Group from a “neutral” rating to a “buy” rating in a report on Thursday, December 4th. Finally, Keefe, Bruyette & Woods cut shares of Societe Generale Group from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, January 28th.

Societe Generale Group Price Performance

Shares of SCGLY stock opened at $18.20 on Thursday. The stock’s 50-day moving average is $15.83 and its 200 day moving average is $13.95. Societe Generale Group has a 1-year low of $6.23 and a 1-year high of $18.20. The company has a debt-to-equity ratio of 3.40, a current ratio of 1.27 and a quick ratio of 1.27. The company has a market cap of $69.79 billion, a P/E ratio of 12.13, a PEG ratio of 0.41 and a beta of 0.78.

About Societe Generale Group

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.