Société Générale Société anonyme (OTCMKTS:SCGLY) Cut to “Hold” at Kepler Capital Markets

Kepler Capital Markets cut shares of Société Générale Société anonyme (OTCMKTS:SCGLY) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports.

SCGLY has been the subject of several other reports. The Goldman Sachs Group raised shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 11th. Barclays raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Société Générale Société anonyme Stock Performance

Shares of SCGLY opened at $7.56 on Wednesday. The company has a market cap of $30.25 billion, a price-to-earnings ratio of 7.56, a P/E/G ratio of 0.26 and a beta of 0.92. The business’s fifty day simple moving average is $8.20 and its two-hundred day simple moving average is $6.42. Société Générale Société anonyme has a 12 month low of $4.30 and a 12 month high of $9.60. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.61.

Société Générale Société anonyme (OTCMKTS:SCGLY) last released its quarterly earnings data on Thursday, February 6th. The financial services provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. Research analysts anticipate that Société Générale Société anonyme will post 1.14 earnings per share for the current fiscal year.

Société Générale Société anonyme Company Profile

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.