Société Générale Société anonyme (OTCMKTS:SCGLY) Downgraded to "Hold" Rating by Kepler Capital Markets

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) was downgraded by analysts at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a report released on Wednesday, April 2nd,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. The Goldman Sachs Group upgraded shares of Société Générale Société anonyme from a "strong sell" rating to a "hold" rating in a report on Wednesday, December 11th. Barclays upgraded shares of Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Société Générale Société anonyme Stock Performance

Société Générale Société anonyme stock remained flat at $7.53 during midday trading on Wednesday. 667,248 shares of the company's stock traded hands, compared to its average volume of 656,757. The stock has a market cap of $30.13 billion, a PE ratio of 7.53, a price-to-earnings-growth ratio of 0.26 and a beta of 0.92. Société Générale Société anonyme has a 52 week low of $4.30 and a 52 week high of $9.60. The business has a 50-day moving average price of $8.26 and a 200 day moving average price of $6.48. The company has a debt-to-equity ratio of 3.61, a quick ratio of 1.35 and a current ratio of 1.35.

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The financial services provider reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.03. Société Générale Société anonyme had a net margin of 14.96% and a return on equity of 4.49%. On average, equities research analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

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.