Societe Generale: Fully Valued After A Major Re-Rate (Downgrade)
Source: SeekingAlpha
2026-02-12 04:00:00 ET
Things seem to be going very well for France's Societe Generale ( SCGLY )( SCGLF ) these days, as a combination of self-help and a more favorable macro environment has finally allowed it to earn a double-digit return on tangible equity. It's an improvement that hasn't gone unnoticed by the market. SocGen has been one of the best-performing European banks I cover on this site, with a major re-rate driving its ADSs to a 105% return since my last update nearly a year ago....
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Societe Generale: Fully Valued After A Major Re-Rate (Downgrade)
Societe Generale ADR
NASDAQ: SCGLY
SCGLY Trading
-1.91% G/L:
$15.44 Last:
488,444 Volume:
$15.23 Open:
