Societe Generale Seems Fairly Priced After Stock Rally -- Market Talk

Dow Jones

May 09, 2025

1248 GMT - Societe Generale is still expected to improve its profitability and to return surplus capital to shareholders, but these hopes seem to be priced in its shares after a strong rally in the year to date, UBS's Jason Napier and Nicolas O'Sullivan say in a research note. With a CET1 ratio--a measure of financial strength--above its target of 13%, the French bank is expected to begin paying interim dividends and launch a share buyback, UBS says. However, SocGen is the top performer among big European banks' stocks so far this year and UBS cuts its recommendation to neutral from buy, while raising its target price to 48 euros from 44 euros. Shares rise 0.3% to 46.67 euros and are up 72% in the year to date. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

May 09, 2025 08:48 ET (12:48 GMT)

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With a CET1 ratio--a measure of financial strength--above its target of 13%, the French bank is expected to begin paying interim dividends and launch a share buyback, UBS says. However, SocGen is the top performer among big European banks' stocks so far this year and UBS cuts its recommendation to neutral from buy, while raising its target price to 48 euros from 44 euros. Shares rise 0.3% to 46.67 euros and are up 72% in the year to date. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 09, 2025 08:48 ET (12:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Societe Generale Seems Fairly Priced After Stock Rally -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSociete Generale Seems Fairly Priced After Stock Rally -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-09 20:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1248 GMT - <a href=\"https://laohu8.com/S/SCGLF\">Societe Generale</a> is still expected to improve its profitability and to return surplus capital to shareholders, but these hopes seem to be priced in its shares after a strong rally in the year to date, UBS's Jason Napier and Nicolas O'Sullivan say in a research note. With a CET1 ratio--a measure of financial strength--above its target of 13%, the French bank is expected to begin paying interim dividends and launch a share buyback, UBS says. However, SocGen is the top performer among big European banks' stocks so far this year and UBS cuts its recommendation to neutral from buy, while raising its target price to 48 euros from 44 euros. Shares rise 0.3% to 46.67 euros and are up 72% in the year to date. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 09, 2025 08:48 ET (12:48 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SCGLY","symbol_name":"Societe Generale","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2534948118","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534948118","pubTimestamp":1746794880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1248 GMT - Societe Generale is still expected to improve its profitability and to return surplus capital to shareholders, but these hopes seem to be priced in its shares after a strong rally in the year to date, UBS's Jason Napier and Nicolas O'Sullivan say in a research note. With a CET1 ratio--a measure of financial strength--above its target of 13%, the French bank is expected to begin paying interim dividends and launch a share buyback, UBS says. However, SocGen is the top performer among big European banks' stocks so far this year and UBS cuts its recommendation to neutral from buy, while raising its target price to 48 euros from 44 euros. Shares rise 0.3% to 46.67 euros and are up 72% in the year to date. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SCGLY":"Societe Generale","BK4207":"综合性银行"},"translate_title":"股市上涨后，法国兴业银行的定价似乎相当合理——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SCGLY":0.9},"content_text":"1248 GMT - Societe Generale is still expected to improve its profitability and to return surplus capital to shareholders, but these hopes seem to be priced in its shares after a strong rally in the year to date, UBS's Jason Napier and Nicolas O'Sullivan say in a research note. With a CET1 ratio--a measure of financial strength--above its target of 13%, the French bank is expected to begin paying interim dividends and launch a share buyback, UBS says. However, SocGen is the top performer among big European banks' stocks so far this year and UBS cuts its recommendation to neutral from buy, while raising its target price to 48 euros from 44 euros. Shares rise 0.3% to 46.67 euros and are up 72% in the year to date. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 09, 2025 08:48 ET (12:48 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}