Societe Generale Group (OTCMKTS:SCGLY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Societe Generale Group (OTCMKTS:SCGLY) has been given a consensus rating of “Moderate Buy” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company.

SCGLY has been the topic of a number of recent research reports. Kepler Capital Markets lowered Societe Generale Group from a “buy” rating to a “reduce” rating in a report on Friday, January 9th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Societe Generale Group in a research note on Monday, February 9th. Morgan Stanley restated an “overweight” rating on shares of Societe Generale Group in a research note on Monday, November 24th. Keefe, Bruyette & Woods downgraded shares of Societe Generale Group from a “moderate buy” rating to a “hold” rating in a report on Wednesday, January 28th. Finally, The Goldman Sachs Group reissued a “buy” rating on shares of Societe Generale Group in a report on Monday, February 16th.

Societe Generale Group Trading Up 3.2%

OTCMKTS SCGLY opened at $17.70 on Monday. The firm’s fifty day moving average is $16.63 and its two-hundred day moving average is $14.44. Societe Generale Group has a one year low of $7.29 and a one year high of $18.30. The company has a debt-to-equity ratio of 3.40, a quick ratio of 1.27 and a current ratio of 1.27. The firm has a market cap of $67.87 billion, a PE ratio of 10.41, a P/E/G ratio of 0.61 and a beta of 0.78.

Societe Generale Group (OTCMKTS:SCGLY) last released its quarterly earnings results on Friday, February 6th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. The firm had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.77 billion. Societe Generale Group had a return on equity of 6.74% and a net margin of 22.01%. Analysts expect that Societe Generale Group will post 1.14 earnings per share for the current year.

Societe Generale Group Company Profile

Société Générale Group, founded in 1864 and headquartered in Paris, is one of France’s largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments.

The group’s core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.