SCGLF - Societe Generale Has A 175% 4-Year Upside

• I've recently written about a number of European undervalued banks which, thanks to COVID-19, are trading at very low valuations.
• While visibility for these banks and their eventual recovery can only be considered "poor", I feel it would be wrong not to point out the opportunity here.
• Societe Generale is one of the largest banks in the entire world and is France's third-largest banks, also considered a systematically important bank by the FSB.
• At current valuation and with the right perspective, SocGen is most certainly a "BUY" - but it does require some care.

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