Société Générale

GLE

FR0000130809

Banks

Real-time Euronext Paris Other stock markets 07:02:56 2024-04-18 am EDT			5-day change	1st Jan Change
24.53 ^EUR	+1.53%		-2.77%	+2.10%

12:10pm	SocGen's Overnight Economic News Summary	MT
11:16am	Société Générale: appointment of Antoine Jacquemin	CF

SOCIETE GENERALE : Gets a Buy rating from JP Morgan

October 05, 2020 at 04:10 pm EDT

In a research note, JP Morgan analyst Delphine Lee has maintained his recommendation on the stock with a Buy rating. The target price remains set at EUR 23.

Latest news about Société Générale

SocGen's Overnight Economic News Summary	06:10am	MT
Société Générale: appointment of Antoine Jacquemin	05:16am	CF
SOCIÉTÉ GÉNÉRALE : Rumours: divestment spree continues with the potential sale of SGSS to State Street	Apr. 17
Société Générale: appointment of Antoine Jacquemin	Apr. 17	CF
SocGen's Overnight Economic News Summary	Apr. 17	MT
SocGen Says Brazil's Budgetary Guidelines Aiming to Achieve Diluted Yet Realistic Targets Could Further Complicate Central Bank's Task	Apr. 16	MT
SocGen's EU Government Bonds Positioning Report	Apr. 16	MT
SOCIÉTÉ GÉNÉRALE : SG's earnings recovery gains legs as the execution of the strategic plan unfolds	Apr. 15
SocGen's Overnight Economic News Summary	Apr. 15	MT
SOCIÉTÉ GÉNÉRALE : SocGen’s divestment spree continues, improving the probability of guidance achievement	Apr. 12
SOCIÉTÉ GÉNÉRALE : sale of SGEF welcomed by UBS	Apr. 12	CF
STOXX 600 climbs over 1% on rate-cut optimism	Apr. 12	RE
SocGen to sell Moroccan units stakes for 745 million euros	Apr. 12	RE
Société Générale: agreement for divestments in Morocco	Apr. 12	CF
Societe Generale Agrees EUR745 Million Sale of Marocaine de Banques Stake, La Marocaine Vie	Apr. 12	MT
Saham Group SA signed a contract to acquire 57.67% stake in Société Générale Marocaine de Banques from Société Générale Société anonyme.	Apr. 11	CI
European shares cut back losses after ECB hints of rate cuts	Apr. 11	RE
SocGen to sell Equipment Finance business to BPCE for $1.2 billion	Apr. 11	RE
SocGen's Overnight Economic News Summary	Apr. 11	MT
Société Générale Tracks Strategic Roadmap with EUR1.1 Billion Sale of Equipment Finance Business	Apr. 11	MT
Société Générale: towards sale of SGEF activities	Apr. 11	CF
European shares flat with market focus on ECB policy decision	Apr. 11	RE
BPCE: towards an acquisition of SGEF's activities	Apr. 11	CF
SocGen agrees to sell Equipment Finance unit to BPCE for 1.1 billion euros	Apr. 11	RE
Société Générale to Sell Professional Equipment Financing Operations to Groupe BPCE	Apr. 11	MT

Société Générale is one of the largest French banking groups. Net interest income breaks down by activity as follows: - financing and investment banking (36.8%): specialized financing (for acquisitions, projects, etc.), activity on the stock, interest rate, currency exchange, and raw material markets, brokerage operations, merger-acquisition consulting, commercial banking activities, etc.; - retail banking in France (30.7%; SG). The group also develops asset management and private banking activities (EUR 143 billion in assets under management in 2023), and provides online banking and online brokerage services (Boursorama Banque) as well as an economic and financial information Website (boursorama.com); - provision of specialized financial and insurance services (16.5%): consumer loan, leasing, management of car fleets, professional equipment financing and insurance; - international retail banking (16%). At the end of 2023, Société Générale managed EUR 533.8 billion in current deposits and EUR 485.4 billion in current credits. Net interest income is distributed geographically as follows: France (40.2%), Europe (37.4%), the Americas (8.3%), Africa (8%) and Asia/Oceania (6.1%).

Sector

Banks

Calendar

2024-05-03 - Q1 2024 Earnings Release

Related indices

CAC 40 , STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

SocGen's Monday Outlook for Currencies, Bonds, Macroeconomics, Policy Events

March 25, 2024 at 08:40 am EDT

SOCIÉTÉ GÉNÉRALE : Rumours: divestment spree continues with the potential sale of SGSS to State Street

April 17, 2024 at 12:42 pm EDT

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Ratings for Société Générale

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

24.16 EUR

Average target price

29.72 EUR

Spread / Average Target

+23.03%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Société Générale

Equities

GLE

FR0000130809

Banks

SOCIETE GENERALE : Gets a Buy rating from JP Morgan

Latest news about Société Générale

Chart Société Générale

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Société Générale

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Banks