Société Générale Société anonyme (OTCMKTS:SCGLY) Rating Increased to Strong-Buy at Barclays

Société Générale Société anonyme (OTCMKTS:SCGLY) was upgraded by investment analysts at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research analysts have also issued reports on SCGLY. The Goldman Sachs Group upgraded Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 11th. Citigroup upgraded Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a report on Friday, November 1st. Four research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Société Générale Société anonyme Stock Up 0.2 %

SCGLY opened at $6.48 on Monday. Société Générale Société anonyme has a 52-week low of $4.30 and a 52-week high of $6.49. The firm’s 50-day moving average price is $5.68 and its 200-day moving average price is $5.29. The company has a market cap of $25.93 billion, a P/E ratio of 7.81, a price-to-earnings-growth ratio of 0.11 and a beta of 1.33.

Société Générale Société anonyme Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.