SOCIÉTÉ GÉNÉRALE ● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 21.24 EUR in weekly data.
● The company returns high margins, thereby supporting business profitability.
● The group usually releases upbeat results with huge surprise rates.
● Its low valuation, with P/E ratio at 6.35 and 5.51 for the ongoing fiscal year and 2020 respectively, makes the stock pretty attractive with regard to earnings multiples.
● The company is one of the best yield companies with high dividend expectations.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● As estimated by analysts, this group is among those businesses with the lowest growth prospects.
● For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
● For the last four months, EPS estimates made by Thomson-Reuters analysts have been revised downwards.
● For the past year, analysts have significantly revised downwards their profit estimates.
● The technical configuration over the long term remains negative on the weekly chart below the resistance level at 29.02 EUR
