Société Générale Société anonyme (SCGLY) Stock Forecast & Price Target

$5.83 -0.09 (-1.52%)

(As of 11/6/2024 ET)

Société Générale Société anonyme - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 4 Analyst Ratings

Sell
0

Hold
3

Buy
1

Based on 4 Wall Street analysts who have issued ratings for Société Générale Société anonyme in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 3 have given a hold rating, and 1 has given a strong buy rating for SCGLY.

Consensus Price Target

N/A

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SCGLY Analyst Ratings Over Time

Type	Current Forecast 11/8/23 to 11/7/24	1 Month Ago 10/9/23 to 10/8/24	3 Months Ago 8/10/23 to 8/9/24	1 Year Ago 11/8/22 to 11/8/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	$33.00
Forecasted Upside	N/A	N/A	N/A	613.51% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Hold

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SCGLY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SCGLY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Société Générale Société anonyme Stock vs. The Competition

Type	Société Générale Société anonyme	Finance Companies	S&P 500
Consensus Rating Score	2.50	2.48	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	N/A	9.86% Upside	7.35% Upside
News Sentiment Rating	Neutral News See Recent SCGLY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating
11/1/2024	Citigroup 3 of 5 stars	A. Guelfi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
8/5/2024	Berenberg Bank 2 of 5 stars	M. Christodoulou Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
3/27/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Reiterated Rating	Buy ➝ Hold
3/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Equal Weight
9/21/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral
9/19/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
9/19/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
9/5/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight
12/6/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kian Abouhossein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:31 PM ET.

Should I Buy Société Générale Société anonyme Stock? SCGLY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 20, 2024. Please send any questions or comments about these Société Générale Société anonyme pros and cons to contact@marketbeat.com.

Société Générale Société anonyme
Bull Case

Here are some ways that investors could benefit from investing in Société Générale Société anonyme:

Société Générale Société anonyme's stock price has crossed above its 50-day moving average, indicating a potential uptrend in the stock's performance.
The company has a low price-to-earnings ratio of 10.55, which may suggest the stock is undervalued compared to its earnings.
Analysts forecast growth for Société Générale Société anonyme, indicating potential positive momentum in the company's financial performance.
Société Générale Société anonyme provides banking and financial services to a diverse range of clients, offering stability and diversification in its revenue streams.
The company has a strong market capitalization of $19.91 billion, reflecting its size and presence in the financial industry.

Société Générale Société anonyme
Bear Case

Investors should be bearish about investing in Société Générale Société anonyme for these reasons:

The stock has experienced a decline in short interest by 60.4%, which could indicate reduced market sentiment or potential downside pressure on the stock.
Société Générale Société anonyme's debt-to-equity ratio of 3.63 is relatively high, suggesting higher financial leverage and potential risks associated with debt obligations.
The company's 52-week high of $6.11 is lower than its 200-day moving average of $5.19, indicating a potential resistance level in the stock's price performance.
Société Générale Société anonyme's return on equity of 3.31% is relatively low, which may indicate lower profitability compared to industry peers.
The stock's beta of 1.44 implies higher volatility compared to the market average, which could lead to greater price fluctuations and risk for investors.

SCGLY Forecast - Frequently Asked Questions

: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Société Générale Société anonyme in the last year. There are currently 3 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SCGLY shares.
: According to analysts, Société Générale Société anonyme's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Société Générale Société anonyme's stock had 1 upgrade by analysts.
: Société Générale Société anonyme has been rated by research analysts at Citigroup in the past 90 days.
: Analysts like Société Générale Société anonyme more than other "finance" companies. The consensus rating for Société Générale Société anonyme is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how SCGLY compares to other companies.

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This page (OTCMKTS:SCGLY) was last updated on 11/7/2024 by MarketBeat.com Staff

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Société Générale Société anonyme (SCGLY) Stock Forecast & Price Target