CIC sets EUR 77.00 target for Societe Generale stock
Published on 10/16/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSStrategic targets and reporting dates
- Societe Generale approved its 2029 roadmap on September 21, 2026, targeting ROTE of 13 to 14 percent.
- First-half 2026 net income reached EUR 3.5 billion, up 13.9 percent from the prior year.
- Societe Generale stock was trading at EUR 64.83 at 10:41 a.m. CEST at Lang & Schwarz on October 16, 2026.
- The next earnings date is October 29, 2026.
Societe Generale (ISIN FR0000130809) has a EUR 77.00 analyst target from CIC Market Solutions, while its stock was trading at EUR 64.83 at Lang & Schwarz on October 16, 2026. According to Ideal Investisseur on September 21, 2026, CIC Market Solutions rated the stock Hold and set that target after the bank presented its 2029 strategy.
Roadmap sets the financial frame
GlobeNewswire reported on September 21, 2026 that the board had approved a 2029 roadmap targeting return on tangible equity of 13 to 14 percent. The plan also calls for a cost base below EUR 16.3 billion in 2029 and average annual revenue growth of 3 percent from 2026 to 2029.
Three dates show the progression
On July 30, 2026, Societe Generale reported first-half net income of EUR 3.5 billion, up 13.9 percent year over year, according to Ideal Investisseur. On September 21, 2026, the bank presented its 2029 plan with a 13 to 14 percent ROTE target. On October 1, 2026, it completed a EUR 1.5 billion extraordinary share buyback, a transaction listed in the company release carried by GlobeNewswire.
What does the target mean?
The EUR 77.00 target is 18.77 percent above the Lang & Schwarz price of EUR 64.83. The strategic plan therefore combines a quantified profitability ambition with a cost reduction target, while the first-half results provide the latest reported earnings comparison.
Reporting date is next
The next earnings date is October 29, 2026, followed by the fiscal fourth-quarter 2026 reporting date listed as February 4, 2027, according to Simply Wall St.
Stock price and valuation context
The bank's market capitalization was EUR 47.0 billion as of October 16, 2026. Societe Generale was trading at EUR 64.83 at Lang & Schwarz on October 16, 2026 at 10:41 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Societe Generale stock.
Societe Generale stock facts
- Company: Societe Generale S.A.
- ISIN: FR0000130809
- Ticker: GLE
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 16, 2026, 10:41 a.m. CEST): EUR 64.83
- Market capitalization: EUR 47.0 billion (as of October 16, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Index membership: CAC 40
- Next earnings date: October 29, 2026
Market context: Market report CAC 40.
