Alphavalue upgrades Société Générale stock to Accumulate

Société Générale stock was trading at EUR 65.53 at Lang & Schwarz on October 7, 2026 at 9:33 a.m. CEST, down 1.93 percent from the prior close of EUR 66.82. According to Ideal Investisseur on October 6, 2026, Alphavalue upgraded the rating to Accumulate while cutting its price target from EUR 77.80 to EUR 76.30 on October 5, 2026.

Alphavalue cuts target to EUR 76.30

The revised target remains EUR 10.77 above the Lang & Schwarz price. That equals 14.12 percent upside based on the target-to-price comparison, while the lower target signals a more measured valuation view than the earlier EUR 77.80 level.

The analyst change followed a sharp market rebound in the previous session, but the October 7 quote gave back ground. The current price remains inside the EUR 51.98 to EUR 84.82 52-week range.

Second-quarter costs fell 4.10 percent

Societe Generale reported that second-quarter 2026 revenue rose 4.50 percent from the second quarter of 2025, while operating costs fell 4.10 percent year over year. The cost-to-income ratio was 58.60 percent in the second quarter of 2026.

Profitability was also above the bank's annual objective in the same quarter. Return on tangible equity reached 12.20 percent, compared with the 2026 target of approximately 11 percent, while the Common Equity Tier 1 ratio stood at 13.20 percent.

October 29 results set the next test

The bank's interim dividend of EUR 0.75 per share was scheduled for payment on October 7, 2026, according to the October 1, 2026 information note. The same document lists third-quarter and nine-month 2026 results for October 29, 2026, making that report the next major company-specific event.

For investors, the key tension is visible in the figures: second-quarter profitability exceeded the annual objective, yet Alphavalue lowered its target to EUR 76.30. The EUR 65.53 quote is 14.12 percent below that target, while the daily decline keeps the focus on whether the upcoming results can support the bank's upgraded profitability framework.

Stock trades below analyst target

Societe Generale was trading at EUR 65.53 at Lang & Schwarz on October 7, 2026 at 9:33 a.m. CEST, down 1.93 percent versus the Lang & Schwarz prior close of EUR 66.82. Its market capitalization was EUR 48.5 billion, and the primary listing is on Euronext Paris under ticker GLE.

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

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