Barclays cuts target for Societe Generale stock to EUR 81.00

Published on 10/13/2026 at 13:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EUR 3.49 billion net income rose 13.90 percent. Societe Generale stock costs EUR 65.24 October 13, 2026, up 1.67 percent versus October 12 Xetra close.

Barclays lowered its Societe Generale target from EUR 90.00 to EUR 81.00 while retaining a buy view on October 12, 2026.
First-half 2026 net income reached EUR 3.49 billion, up 13.90 percent year over year.
Societe Generale stock costs EUR 65.24 at Lang & Schwarz on October 13, 2026 at 1:37 p.m. CEST, 1.67 percent above the Xetra close of October 12, 2026, and 23.08 percent below its 52-week high.
The bank trades at a price to earnings ratio of 8.64, with market capitalization of EUR 48.1 billion.

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Barclays retained a buy view on Societe Generale while cutting its target from EUR 90.00 to EUR 81.00, according to Ideal Investisseur on October 12, 2026. The new target lies 24.16 percent above the EUR 65.24 Lang & Schwarz price, giving the revised valuation a defined gap rather than an open-ended forecast.

First-half profit sets the benchmark

Societe Generale reported net income attributable to the Group of EUR 3.49 billion for the first half of 2026, up 13.90 percent from the year-earlier period, according to Ideal Investisseur. The same report listed first-half revenue of EUR 14.20 billion and a 12.00 percent return on tangible equity, while the bank's 2026 target was 11.00 percent.

That combination explains why the analyst target remains above the market price even after Barclays reduced its number. It also creates a clear test for the next results update: the 13.90 percent profit increase must be measured against the bank's profitability target and against the lower analyst valuation.

Stock remains below its yearly high

Societe Generale traded at EUR 65.24 at Lang & Schwarz on October 13, 2026 at 1:37 p.m. CEST, up EUR 1.07 or 1.67 percent versus the Xetra close of EUR 64.17 on October 12, 2026. The bid was EUR 65.23 and the ask was EUR 65.25 at the same time.

The 52-week range was EUR 51.98 to EUR 84.82 as of October 13, 2026. The price therefore stood 23.08 percent below the high and 25.51 percent above the low, placing the session closer to the lower half of the annual range.

Valuation and banking peers

Societe Generale had a market capitalization of EUR 48.1 billion and a price to earnings ratio of 8.64 as of October 13, 2026. The valuation sits close to Credit Agricole's EUR 48.2 billion market capitalization, while BNP Paribas remains larger at EUR 99.2 billion.

Comparison with peers

Societe Generale: plus 1.67 percent, price to earnings ratio 8.64, market capitalization EUR 48.1 billion
BNP Paribas (Euronext Paris, EUR): plus 0.48 percent, price to earnings ratio 7.83, market capitalization EUR 99.2 billion
Credit Agricole (Euronext Paris, EUR): minus 2.42 percent, price to earnings ratio 7.89, market capitalization EUR 48.2 billion

Price and target remain the reference points

The stock's 1.67 percent advance over the Xetra close contrasts with the 23.08 percent gap to its 52-week high. For investors, the revised EUR 81.00 Barclays target and the first-half net income growth of 13.90 percent provide the two clearest numerical benchmarks for judging the next phase of the recovery.

The further course of trading is shown by the continuously updated real-time quote of Societe Generale stock.