Société Générale Société anonyme (OTCMKTS:SCGLY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Société Générale Société anonyme (OTCMKTS:SCGLY) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

SCGLY has been the subject of several analyst reports. Barclays raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research 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 shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 1st.

Société Générale Société anonyme Trading Down 0.6 %

Shares of SCGLY stock opened at $8.22 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61. Société Générale Société anonyme has a fifty-two week low of $4.30 and a fifty-two week high of $8.33. The firm’s 50 day moving average price is $6.56 and its two-hundred day moving average price is $5.67. The stock has a market cap of $32.89 billion, a price-to-earnings ratio of 8.22, a price-to-earnings-growth ratio of 0.26 and a beta of 1.33.

Société Générale Société anonyme (OTCMKTS:SCGLY) last posted its earnings results on Thursday, February 6th. The financial services provider reported $0.23 earnings per share 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, analysts anticipate that Société Générale Société anonyme will post 1.14 EPS for the current 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.