According to Zacks, “SOCIETE GENL FR Group is the sixth largest bank in the euro zone. Its business mix is structured around three core businesses: Retail Banking, Asset Management and Private Banking, Corporate and Investment Banking. The Group is implementing a sustainable growth policy based on the selective development of its products and services, a client-focused culture of innovation in its different markets, and sustained organic growth coupled with acquisitions. “
Other research analysts have also issued research reports about the stock. ValuEngine raised shares of Societe Generale from a “strong sell” rating to a “sell” rating in a research report on Thursday, April 23rd. Citigroup lowered shares of Societe Generale to a “hold” rating in a research report on Friday, May 1st. Finally, Kepler Capital Markets raised shares of Societe Generale from an “underweight” rating to a “neutral” rating in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
Societe Generale (OTCMKTS:SCGLY) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.09). The company had revenue of $5.70 billion for the quarter. Societe Generale had a net margin of 9.50% and a return on equity of 4.29%. Equities analysts expect that Societe Generale will post -0.05 EPS for the current fiscal year.
Societe Generale Company Profile
Société Générale Société anonyme provides financial services in Europe and internationally. Its primary businesses include French retail banking; international retail banking, insurance, and financial services; and global banking and investor solutions. The company offers retail banking services to individual customers, professionals, and businesses and non-profit clients under the Societe Generale, Crédit du Nord, and Boursorama Banque brands; and international retail banking and consumer credit services to individual and corporate customers in Europe, Russia, the Mediterranean Basin, and Sub-Saharan Africa.
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