Keefe Bruyette upgraded Societe Generale stock to Market Perform

Published on 10/15/2026 at 10:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Keefe Bruyette set a EUR 75.00 target on October 13, 2026. Societe Generale stock costs EUR 64.51, 0.14 percent above its Xetra close.

Analyst view and bank results

Keefe Bruyette set a EUR 75.00 target on October 13, 2026.
First-half 2026 net income reached EUR 3.5 billion, up 13.9 percent year over year.
Societe Generale stock trades at EUR 64.51 at 10:12 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.14 percent above the Xetra close of October 14, 2026.

Aquarellmalerei eines Bürohochhaus-Viertels bei Sonnenuntergang in Paris — Aquarellbild inspiriert von Société Générale S.A. (FR0000130809) zeigt Pariser Geschäftsviertel La Défense in weichen Farben, Illustration mit AI erstellt.

Societe Generale stock (ISIN FR0000130809) stood at EUR 64.51 at Lang & Schwarz on October 15, 2026 at 10:12 a.m. CEST, 0.14 percent above the Xetra close of October 14, 2026 at EUR 64.42. The latest analyst move came from Keefe Bruyette, which upgraded the bank to Market Perform from Underperform and set a EUR 75.00 price target on October 13, 2026, according to Markets Insider.

Analysts reset the valuation

The target leaves EUR 10.49 between the analyst view and the Lang & Schwarz price. The comparison is less uniform across the broker community. Markets Insider reported on October 12, 2026 that Barclays maintained its Buy rating and set an EUR 81.00 target on October 9, 2026.

What do the results mean?

The bank's first-half 2026 results provide the fundamental counterweight to the mixed analyst view. In the period ended June 30, 2026, group net income reached EUR 3.5 billion, up 13.9 percent from the first half of 2025, while return on tangible equity was 12.0 percent, according to Ideal Investisseur. The same report listed first-half revenue of EUR 14.2 billion and a 2026 return-on-tangible-equity target of 11.0 percent.

Three dated developments

The recent chronology points to capital returns and changing broker views. On October 1, 2026, Societe Generale completed a EUR 1.5 billion extraordinary share buyback, purchasing 19.87 million shares, according to Yahoo Finance. On October 6, 2026, Kepler Cheuvreux cut its target from EUR 85.00 to EUR 72.60 while keeping a Buy rating, as reported by Ideal Investisseur. On October 13, 2026, Keefe Bruyette upgraded its rating to Market Perform and set the EUR 75.00 target.

Stock remains below its yearly high

The current euro quote sits within a 52-week range of EUR 52.06 to EUR 84.78. At EUR 64.51, the stock is 23.91 percent below that high, leaving the analyst targets above the market price but below the upper end of the recent trading range.

Price and investor perspective

The combination of a 13.9 percent year-over-year rise in first-half net income and a 2026 return-on-tangible-equity target of 11.0 percent gives investors a clear operating reference, while the different broker targets show that valuation remains contested.

Societe Generale stock was trading at EUR 64.51 at Lang & Schwarz on October 15, 2026 at 10:12 a.m. CEST, 0.14 percent above the Xetra close of October 14, 2026 at EUR 64.42. The further course of trading is shown by the continuously updated real-time quote of Societe Generale stock.