Société Générale's Stock Doubled in a Year: Goldman Sachs Targets a Further +22%
Société Générale is down 0.75% this Thursday at €70.08, in a declining Parisian market. However, the stock is performing above its main moving averages, supported by a doubling of its value over a year. The bank from La Défense is drawing analysts' attention three weeks ahead of its first-quarter earnings release.
Goldman Sachs Raises Target Price for Société Générale
This Thursday, April 9, Goldman Sachs raised its price target on Société Générale from €85.00 to €85.75, while maintaining a buy recommendation. At the current price of €70.08, this target implies a potential revaluation of about 22%. This adjustment occurs as the banking group displays an outstanding annual performance of nearly 100%, with the stock having almost doubled in twelve months. Société Générale will publish its first-quarter 2026 results on April 30, followed by the general meeting scheduled for May 27. These dates will be significant checkpoints to assess the operational trajectory of the group. In the European banking sector, the session is generally unfavorable: BNP Paribas is down 1.12% while AXA is stable. The CAC 40, meanwhile, loses 0.54% in the session, at 8,219 points.
Technical Analysis of Société Générale's Stock
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
Almost there! Check your inbox.
A confirmation email has been sent. Click the link to confirm your subscription.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Graphically, the price of €70.08 is above the upper boundary of the Bollinger Bands, set at €69.71, which is a classic signal of potential overbuying. This configuration reflects a rapid progression of the stock over the past few weeks, with a weekly performance reaching 6.25%. The price also exceeds its 50-day moving average (€69.17) and is well above the 200-day average (€60.47), confirming a strong underlying bullish trend. The RSI stands at 59, a level still distant from the technical overbuy zone (beyond 70), but which indicates positive momentum. The nearest resistance is at €76.24, about 8.8% above the current price. Monthly volatility remains contained at 9.75%, in a nevertheless tense market environment: the VIX index was positioned at 25.78 points at its last close, a level indicating significant nervousness on international markets.
En 2025, nous avons franchi une étape déterminante dans la transformation de notre Groupe, avec des revenus et un résultat net records et une distribution exceptionnelle d’actions.
Revenus 2025 à 27 254 millions d'euros, résultat net part du Groupe 6 002 millions d'euros; ROTE 10,2%; coefficient d’exploitation 63,6%; coût du risque 26 pb; distribution 4 679 millions d’euros; CET1 13,5%; dividende par action 1,61 EUR; programme de rachats d'actions de 1 462 millions d'euros; objectif 2026: croissance des revenus >2%, coût du risque 25-30 pb, coefficient d’exploitation <60%.
Outlook / guidance
Expected revenue: Croissance des revenus attendue en 2026 supérieure à 2% par rapport à 2025.
Expected EBITDA: EBITDA attendu en 2026 en progression par rapport à 2025, sans chiffre cible communiqué.
Expected net income: Résultat net attendu en 2026 avec une ROtE supérieure à 10%.
Management commentary: La direction confirme ses objectifs pour 2026 et vise une rentabilité accrue et une meilleure maîtrise des coûts.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
