Goldman Sachs analyst Chris Hallam upgraded Societe Generale (SCGLY) to Buy from Neutral with a price target of EUR 72.75, up from EUR 62.50. The firm adjusted ratings in the European bank group as part of its outlook for 2026. Goldman remains remain constructive on the outlook for the sector, saying investor focus is shifting from interest rates and credit to growth and efficiency. It thinks capital deployment will remain key for shareholder value creation.
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Read More on SCGLY:
- Societe Generale price target raised to EUR 68 from EUR 66 at JPMorgan
- Societe Generale price target raised to EUR 69 from EUR 68 at Morgan Stanley
- Societe Generale price target raised to EUR 68 from EUR 63 at Deutsche Bank
- Societe Generale price target raised to EUR 67 from EUR 62 at RBC Capital
- Societe Generale upgraded to Buy from Hold at Kepler Cheuvreux
