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Hot Stocks
FIS delivers derivatives solution to Societe Generale » 08:07
06/07/22
06/07
08:07
06/07/22
08:07
FIS

FIS

$105.31 /

+1.56 (+1.50%)

, SCGLY

Societe Generale

$5.47 /

+0.11 (+2.05%)

FIS (FIS) announced that…

FIS (FIS) announced that Societe Generale (SCGLY) has signed an extended agreement, selecting the financial technology leader for the strategic transformation of its derivatives clearing and settlement technology. As part of the agreement, the investment bank and financial services group will transition their existing derivatives clearing and settlement IT environment to FIS Cleared Derivatives Suite. "The listed derivatives clearing business is a core part of our Prime Services business franchise at Societe Generale. We are recognized by our customers, and the industry, as a market leader in this space. Our decision to select FIS to provide our next generation post-trade clearing technology, represents a significant investment, with a trusted partner, to support the long term growth of this business," said Christophe Lattuada, Chief Operating Officer of Global Banking & Investor Solutions at Societe Generale.

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SCGLY Societe Generale
$5.47 /

+0.11 (+2.05%)

FIS FIS
$105.31 /

+1.56 (+1.50%)

FIS FIS
$105.31 /

+1.56 (+1.50%)

05/17/22 Goldman Sachs
FIS initiated with a Buy at Goldman Sachs
05/17/22 Mizuho
FIS price target lowered to $130 from $135 at Mizuho
04/26/22 JPMorgan
Merchant processors 'growing solidly at scale,' says JPMorgan
04/25/22 Citi
FIS price target lowered to $130 from $138 at Citi
SCGLY Societe Generale
$5.47 /

+0.11 (+2.05%)

06/06/22 Jefferies
Societe Generale upgraded to Buy from Hold at Jefferies
06/01/22 Deutsche Bank
Societe Generale price target raised to EUR 34 from EUR 32 at Deutsche Bank
06/01/22 UBS
Societe Generale upgraded to Buy from Neutral at UBS
05/27/22 Goldman Sachs
Societe Generale initiated with a Neutral at Goldman Sachs
FIS FIS
$105.31 /

+1.56 (+1.50%)

FIS FIS
$105.31 /

+1.56 (+1.50%)

FIS FIS
$105.31 /

+1.56 (+1.50%)

Upgrade
Societe Generale upgraded to Buy from Hold at Jefferies » 04:48
06/06/22
06/06
04:48
06/06/22
04:48
SCGLY

Societe Generale

$5.36 /

-0.06 (-1.11%)

Jefferies analyst Flora…

Jefferies analyst Flora Bocahut upgraded Societe Generale to Buy from Hold with a price target of EUR 35, up from EUR 25. Three key risks for the bank, the French elections, its Russian exposure and costs and capital disappointment, "have gone or materially cleared over the past weeks," Bocahut tells investors in a research note. The analyst expects SocGen to achieve over 9% return on equity 2024, "offering a significant re-rating potential."

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SCGLY Societe Generale
$5.36 /

-0.06 (-1.11%)

SCGLY Societe Generale
$5.36 /

-0.06 (-1.11%)

06/01/22 Deutsche Bank
Societe Generale price target raised to EUR 34 from EUR 32 at Deutsche Bank
06/01/22 UBS
Societe Generale upgraded to Buy from Neutral at UBS
05/27/22 Goldman Sachs
Societe Generale initiated with a Neutral at Goldman Sachs
05/25/22 RBC Capital
Societe Generale price target raised to EUR 32 from EUR 29 at RBC Capital
Recommendations
Societe Generale price target raised to EUR 34 from EUR 32 at Deutsche Bank » 13:01
06/01/22
06/01
13:01
06/01/22
13:01
SCGLY

Societe Generale

$5.39 /

-0.01 (-0.19%)

Deutsche Bank analyst…

Deutsche Bank analyst Kazim Andac raised the firm's price target on Societe Generale to EUR 34 from EUR 32 and keeps a Buy rating on the shares.

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SCGLY Societe Generale
$5.39 /

-0.01 (-0.19%)

SCGLY Societe Generale
$5.39 /

-0.01 (-0.19%)

06/01/22 UBS
Societe Generale upgraded to Buy from Neutral at UBS
05/27/22 Goldman Sachs
Societe Generale initiated with a Neutral at Goldman Sachs
05/25/22 RBC Capital
Societe Generale price target raised to EUR 32 from EUR 29 at RBC Capital
05/19/22 JPMorgan
Societe Generale price target raised to EUR 33 from EUR 29 at JPMorgan
Upgrade
Societe Generale upgraded to Buy from Neutral at UBS » 05:08
06/01/22
06/01
05:08
06/01/22
05:08
SCGLY

Societe Generale

$5.39 /

-0.01 (-0.19%)

UBS analyst Jason Napier…

UBS analyst Jason Napier upgraded Societe Generale to Buy from Neutral with a price target of EUR 31, down from EUR 34.70. The bank offers strong pre-provision profit growth thanks to idiosyncratic drivers and higher rates will help too, Napier tells investors in a research note. The analyst says Societe Generale's valuation is "cheap" relative to the sector and history.

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SCGLY Societe Generale
$5.39 /

-0.01 (-0.19%)

SCGLY Societe Generale
$5.39 /

-0.01 (-0.19%)

05/27/22 Goldman Sachs
Societe Generale initiated with a Neutral at Goldman Sachs
05/25/22 RBC Capital
Societe Generale price target raised to EUR 32 from EUR 29 at RBC Capital
05/19/22 JPMorgan
Societe Generale price target raised to EUR 33 from EUR 29 at JPMorgan
05/19/22 Keefe Bruyette
Societe Generale upgraded on Russia assets sale at Keefe Bruyette
Initiation
Societe Generale initiated with a Neutral at Goldman Sachs » 16:36
05/27/22
05/27
16:36
05/27/22
16:36
SCGLY

Societe Generale

$5.40 /

+0.02 (+0.37%)

Goldman Sachs analyst…

Goldman Sachs analyst Chris Hallam initiated coverage of Societe Generale with a Neutral rating and EUR 35 price target. The analyst believes the company "should see growth supported in the coming years by higher interest rates in the traditional banking business and elevated activity levels in Global Markets," however he adds that the company is "not as geared to rates as peers, consensus estimates already imply Global Markets revenue targets will be exceeded and Boursorama's success will make a relatively small impact at a group level over 2023/24."

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SCGLY Societe Generale
$5.40 /

+0.02 (+0.37%)

SCGLY Societe Generale
$5.40 /

+0.02 (+0.37%)

05/25/22 RBC Capital
Societe Generale price target raised to EUR 32 from EUR 29 at RBC Capital
05/19/22 JPMorgan
Societe Generale price target raised to EUR 33 from EUR 29 at JPMorgan
05/19/22 Keefe Bruyette
Societe Generale upgraded on Russia assets sale at Keefe Bruyette
05/18/22 Keefe Bruyette
Societe Generale upgraded to Outperform from Market Perform at Keefe Bruyette
Over a month ago
Recommendations
Societe Generale price target raised to EUR 32 from EUR 29 at RBC Capital » 15:20
05/25/22
05/25
15:20
05/25/22
15:20
SCGLY

Societe Generale

$5.32 /

+0.15 (+2.90%)

RBC Capital analyst Anke…

RBC Capital analyst Anke Reingen raised the firm's price target on Societe Generale to EUR 32 from EUR 29 and keeps a Sector Perform rating on the shares.

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SCGLY Societe Generale
$5.32 /

+0.15 (+2.90%)

SCGLY Societe Generale
$5.32 /

+0.15 (+2.90%)

05/19/22 JPMorgan
Societe Generale price target raised to EUR 33 from EUR 29 at JPMorgan
05/19/22 Keefe Bruyette
Societe Generale upgraded on Russia assets sale at Keefe Bruyette
05/18/22 Keefe Bruyette
Societe Generale upgraded to Outperform from Market Perform at Keefe Bruyette
05/12/22 Morgan Stanley
Societe Generale price target raised to EUR 33 from EUR 32 at Morgan Stanley
Recommendations
Societe Generale price target raised to EUR 33 from EUR 29 at JPMorgan » 13:05
05/19/22
05/19
13:05
05/19/22
13:05
SCGLY

Societe Generale

$5.00 /

-0.15 (-2.91%)

JPMorgan analyst Kian…

JPMorgan analyst Kian Abouhossein raised the firm's price target on Societe Generale to EUR 33 from EUR 29 and keeps an Overweight rating on the shares.

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SCGLY Societe Generale
$5.00 /

-0.15 (-2.91%)

SCGLY Societe Generale
$5.00 /

-0.15 (-2.91%)

05/19/22 Keefe Bruyette
Societe Generale upgraded on Russia assets sale at Keefe Bruyette
05/18/22 Keefe Bruyette
Societe Generale upgraded to Outperform from Market Perform at Keefe Bruyette
05/12/22 Morgan Stanley
Societe Generale price target raised to EUR 33 from EUR 32 at Morgan Stanley
05/06/22 BofA
Societe Generale upgraded to Neutral from Underperform at BofA
Upgrade
Societe Generale upgraded on Russia assets sale at Keefe Bruyette » 05:24
05/19/22
05/19
05:24
05/19/22
05:24
SCGLY

Societe Generale

$5.00 /

-0.15 (-2.91%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Thomas Hallett upgraded Societe Generale to Outperform from Market Perform with an unchanged price target of EUR 32.50. The sale of Russian activities removes a key overhang for the bank and should result in a re-rating of the shares, Hallett tells investors in a research note. Rosbank and local insurance asset sales in Russia being completed should come as a "welcome relief," the analyst says. He believes Societe Generale can now focus on its core operations, with the momentum in global markets set to continue.

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SCGLY Societe Generale
$5.00 /

-0.15 (-2.91%)

SCGLY Societe Generale
$5.00 /

-0.15 (-2.91%)

05/18/22 Keefe Bruyette
Societe Generale upgraded to Outperform from Market Perform at Keefe Bruyette
05/12/22 Morgan Stanley
Societe Generale price target raised to EUR 33 from EUR 32 at Morgan Stanley
05/06/22 BofA
Societe Generale upgraded to Neutral from Underperform at BofA
05/03/22 Deutsche Bank
Societe Generale price target lowered to EUR 32 from EUR 41 at Deutsche Bank
Upgrade
Societe Generale upgraded to Outperform from Market Perform at Keefe Bruyette » 18:12
05/18/22
05/18
18:12
05/18/22
18:12
SCGLY

Societe Generale

$5.00 /

-0.15 (-2.91%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Thomas Hallett upgraded Societe Generale to Outperform from Market Perform with an unchanged price target of EUR 32.50.

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SCGLY Societe Generale
$5.00 /

-0.15 (-2.91%)

SCGLY Societe Generale
$5.00 /

-0.15 (-2.91%)

05/12/22 Morgan Stanley
Societe Generale price target raised to EUR 33 from EUR 32 at Morgan Stanley
05/06/22 BofA
Societe Generale upgraded to Neutral from Underperform at BofA
05/03/22 Deutsche Bank
Societe Generale price target lowered to EUR 32 from EUR 41 at Deutsche Bank
04/13/22 Barclays
Societe Generale price target lowered to EUR 39.90 from EUR 41.20 at Barclays
Hot Stocks
Societe Generale CEO Frederic Oudea to end term in May 2023 » 11:57
05/17/22
05/17
11:57
05/17/22
11:57
SCGLY

Societe Generale

$4.93 /

+0.018 (+0.37%)

Societe Generale…

Societe Generale announced that Frederic Oudea, its Chief Executive Officer since 2008, announced that he would not be seeking the renewal of his term of office as Director and Chief Executive Officer in May 2023. Lorenzo Bini Smaghi, Chairman of the Board of Directors, indicated that a process to select a new CEO has been approved based on a proposal from the Nomination and Corporate Governance Committee and will be completed by 2023. Frederic Oudea's term expires at the end of the annual general meeting to be held on May 23, 2023.

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SCGLY Societe Generale
$4.93 /

+0.018 (+0.37%)

SCGLY Societe Generale
$4.93 /

+0.018 (+0.37%)

05/12/22 Morgan Stanley
Societe Generale price target raised to EUR 33 from EUR 32 at Morgan Stanley
05/06/22 BofA
Societe Generale upgraded to Neutral from Underperform at BofA
05/03/22 Deutsche Bank
Societe Generale price target lowered to EUR 32 from EUR 41 at Deutsche Bank
04/13/22 Barclays
Societe Generale price target lowered to EUR 39.90 from EUR 41.20 at Barclays

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