Jefferies Thinks Societe Generale’s Stock is Going to Recover


According to The Fly, jefferies analyst Maxence Le Gouvello reiterated a Buy rating on Societe Generale (SCGLY) today. The company’s shares opened today at $7.48, close to its 52-week low of $7.21.

According to TipRanks.com, Gouvello is ranked #4703 out of 5129 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Societe Generale.

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Societe Generale’s market cap is currently $27.41B and has a P/E ratio of 9.32. The company has a Price to Book ratio of 0.47.

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Société Générale SA provides banking and financial services. It operates through the following segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking & Investor Solutions. The French Retail Banking segment includes the domestic networks Societe Generale, Crédit du Nord and Boursorama.

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