Société Générale Société anonyme (OTCMKTS:SCGLY) Upgraded to Strong-Buy at Barclays

Société Générale Société anonyme (OTCMKTS:SCGLY) was upgraded by investment analysts at Barclays from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other research analysts have also issued reports on SCGLY. The Goldman Sachs Group upgraded shares of Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 11th. Citigroup raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a report on Friday, November 1st. Four research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Société Générale Société anonyme Price Performance

Shares of OTCMKTS SCGLY opened at $6.48 on Monday. The company has a market cap of $25.93 billion, a PE ratio of 7.81, a P/E/G ratio of 0.11 and a beta of 1.33. The stock has a fifty day moving average price of $5.68 and a 200 day moving average price of $5.29. Société Générale Société anonyme has a 1-year low of $4.30 and a 1-year high of $6.49.

About Société Générale Société anonyme

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.