Societe Generale (EPA:GLE) Rating Upped
In a research report issued to clients and investors on Friday, 12 February, expert analysts at HSBC’s equities division increased Societe Generale (EPA:GLE)’s stock to Buy. They have a price target of EUR 43.00 on GLE or 51.84 % more upside.
EPA:GLE Price Chart & Trend
The stock price of Societe Generale has decreased 38.44% over the last 200 days, and is in strong down trend. In the last 50 and 100 days, Societe Generale is down 39.6% and down 33.51%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
Societe Generale (EPA:GLE) Profile
Societe Generale SA is engaged in retail banking, corporate and investment banking, financial services, insurance, private banking and asset management. The Company’s core businesses are managed through three segments: French Retail Banking, International Retail Banking & Financial Services and Global Banking and Investor Solutions. Its financial services offering includes: insurance, vehicle leasing and fleet management, and equipment and vendor finance.
Societe Generale (EPA:GLE) traded up 3.40% on 12 February, hitting EUR 28.4. A total of 9.89M shares of the company’s stock traded hands. This is up from average of 5.24M shares. Societe Generale has a 52 week low of EUR 27.06 and a 52 week high of EUR 48.77. The company has a market cap of 22.90B EUR and a P/E ratio of 6.52.
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