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Société Générale Société anonyme (OTCMKTS:SCGLY) Reaches New 52-Week High - What's Next?

Société Générale Société anonyme logo with Finance background

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock traded as high as $7.67 and last traded at $7.66, with a volume of 685593 shares. The stock had previously closed at $7.38.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SCGLY shares. Barclays upgraded Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report on Monday, January 27th. The Goldman Sachs Group upgraded Société Générale Société anonyme from a "strong sell" rating to a "hold" rating in a report on Wednesday, December 11th. Finally, Citigroup upgraded Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Read Our Latest Stock Report on SCGLY

Société Générale Société anonyme Trading Up 1.4 %

The stock has a market cap of $31.21 billion, a PE ratio of 7.80, a price-to-earnings-growth ratio of 0.13 and a beta of 1.34. The company has a debt-to-equity ratio of 3.61, a quick ratio of 1.35 and a current ratio of 1.35. The company's 50-day moving average price is $6.14 and its 200 day moving average price is $5.47.

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The financial services provider reported $0.23 EPS for the quarter, beating the consensus estimate 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, sell-side analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

About Société Générale Société anonyme

(Get Free Report)

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.

See Also

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