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Societe Generale stock price target raised to EUR84 by JPMorgan
| USA | economy

Societe Generale stock price target raised to EUR84 by JPMorgan

#Societe Generale #JPMorgan #Price Target #Equity Research #Investment Banking #Paris Stock Exchange #Financial Sector

📌 Key Takeaways

  • JPMorgan raised the target price for Societe Generale shares to €84.
  • The revision is based on improved profitability and successful internal restructuring.
  • Analysts cite stabilizing interest rates as a positive catalyst for the French lender.
  • The new target reflects confidence in the bank's ability to increase shareholder returns via dividends.

📖 Full Retelling

JPMorgan Chase & Co. analysts officially raised their price target for Societe Generale (SocGen) shares to €84 during early market trading on Thursday, citing a significantly improved outlook for the French lender’s profitability and capital management. The upward revision follows a comprehensive review of the European banking sector, where JPMorgan identified Societe Generale as a primary beneficiary of stabilizing interest rates and successful internal restructuring efforts. This strategic move signals growing confidence among Wall Street analysts in the bank's ability to navigate the current macroeconomic landscape in the Eurozone. The adjustment represents a substantial vote of confidence in the turnaround strategy spearheaded by CEO Slawomir Krupa, who has focused on streamlining operations and disposing of non-core assets. Market analysts noted that the €84 target reflects anticipated growth in net interest income and a more robust performance from the bank's investment banking division. Furthermore, the bank's efforts to reduce its cost-to-income ratio have begun to yield tangible results, making it an increasingly attractive option for institutional investors seeking exposure to European financials. Institutional sentiment surrounding Societe Generale has shifted positively as the bank demonstrates resilience against regional economic volatility. By raising the price target, JPMorgan underscores the expectation that the French financial giant will return higher value to shareholders through dividends and potential share buybacks. This update is expected to influence trading volumes on the Euronext Paris exchange, where Societe Generale remains a heavyweight component of the CAC 40 index, particularly as investors recalibrate their portfolios in response to shifting monetary policies from the European Central Bank.

🏷️ Themes

Banking, Finance, Stock Market

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📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Societe Generale stock price target raised to EUR84 by JPMorgan Analyst Ratings Published 02/09/2026, 01:11 AM Societe Generale stock price target raised to EUR84 by JPMorgan 0 SOGN -2.18% SCGLY -1.54% Investing.com - JPMorgan raised its price target on Societe Generale SA (EPA:GLED) (OTC:SCGLY) to EUR84.00 from EUR77.00 on Monday, while maintaining an Overweight rating on the French bank’s stock. The bank has delivered impressive returns, with InvestingPro data showing a 137% price total return over the past year. The upgrade follows Societe Generale ’s Q4 results, with JPMorgan increasing its earnings per share estimates by 8-9% for 2026-28, primarily due to higher French and International retail revenues. According to InvestingPro data, the bank reported diluted EPS of $7.99 for the last twelve months, with analysts forecasting EPS to reach $8.76 for fiscal year 2026. JPMorgan noted that the EUR1 billion exceptional share buyback has already been completed, with the ordinary EUR1.46 billion buyback starting this week. The investment bank views Societe Generale’s 2026 guidance as prudent, expecting the bank to generate 10.8% return on tangible equity in 2026, with revenues growing 2.7% and costs declining 4%, which exceeds management’s guidance. The bank currently has a return on common equity of 9% and revenue growth of 2.05% for the last twelve months. Despite strong share performance in 2025, JPMorgan believes Societe Generale still trades at "undemanding" valuations of 6.7x price-to-earnings and 0.8x net asset value, with the bank positioned to deliver EUR3.4-3.7 billion...

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