Société Générale

GLE

FR0000130809

Banks

Market Closed - Euronext Paris Other stock markets 11:35:23 2024-04-19 am EDT			After market 03:40:03 pm
24.75 ^EUR	+0.16%		24.88	+0.51%

01:16pm	Asian Central Banks Ramp Up Verbal, Actual Intervention, Says SocGen	MT
11:56am	SocGen's Overnight Economic News Summary	MT

SOCIETE GENERALE : JP Morgan reiterates its Buy rating

June 16, 2020 at 03:12 am EDT

Already positive, the research from JP Morgan and its analyst Kian Abouhossein still consider the stock as a Buy opportunity.. The target price is lowered from EUR 21 to EUR 20.

Latest news about Société Générale

Asian Central Banks Ramp Up Verbal, Actual Intervention, Says SocGen	07:16am	MT
SocGen's Overnight Economic News Summary	05:56am	MT
SocGen's Thursday Outlook for Currencies, Bonds, Macroeconomics, Policy Events	Apr. 18	MT
SocGen's Overnight Economic News Summary	Apr. 18	MT
Société Générale: appointment of Antoine Jacquemin	Apr. 18	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

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

More Strategies

Ratings for Société Générale

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

24.71 EUR

Average target price

30.04 EUR

Spread / Average Target

+21.56%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
SOCIÉTÉ GÉNÉRALE	+3.02%	21.04B
JPMORGAN CHASE & CO.	+9.23%	523B
BANK OF AMERICA CORPORATION	+9.80%	281B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+7.59%	251B
WELLS FARGO & COMPANY	+22.61%	206B
BANK OF CHINA LIMITED	+12.75%	172B
CHINA CONSTRUCTION BANK CORPORATION	+4.73%	159B
HSBC HOLDINGS PLC	+1.68%	149B
ROYAL BANK OF CANADA	+0.43%	137B
HDFC BANK LIMITED	-10.41%	136B

Other Banks

Société Générale

Equities

GLE

FR0000130809

Banks

SOCIETE GENERALE : JP Morgan reiterates its Buy rating

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