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SCGLY - Societe Generale: One Of The Few Still-Cheap EU Banks
Societe Generale ADR
Summary
Societe Generale is a bank I haven't written an update for in some time, but a stance update for 2023 seems justified given what's been going on with SocGen.
I own a small stake in SocGen, but one I haven't really expanded on in some time. I do believe the time might have come to revisit this bank.
SocGen troughed in September - it's now climbing back up, and here is my current consideration for 2023 for where the bank "should" be trading and why it is "BUY".