Societe Generale Group (OTCMKTS:SCGLY) Raised to Buy at UBS Group

Societe Generale Group (OTCMKTS:SCGLY) was upgraded by UBS Group from a “neutral” rating to a “buy” rating in a research report issued on Tuesday, Marketbeat reports.

Societe Generale Group Trading Up 1.5%

SCGLY opened at $13.03 on Tuesday. The firm has a market capitalization of $50.66 billion, a P/E ratio of 9.24, a P/E/G ratio of 0.36 and a beta of 1.12. The firm’s 50 day moving average is $11.62 and its 200-day moving average is $9.77. Societe Generale Group has a 52-week low of $4.42 and a 52-week high of $13.05. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 3.32.

Societe Generale Group (OTCMKTS:SCGLY) last issued its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.04. The business had revenue of $7.71 billion during the quarter, compared to analyst estimates of $6.58 billion. Societe Generale Group had a net margin of 19.31% and a return on equity of 6.03%. Analysts expect that Societe Generale Group will post 1.14 EPS for the current fiscal year.

About Societe Generale Group

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.