Seeking Alpha

SocGen recommends overweighting the European banking sector, saying the fears surrounding it are...

SocGen recommends overweighting the European banking sector, saying the fears surrounding it are overdone. The firm notes that current valuations are discounting a worst-case scenario, and leave significant upside potential if fears prove excessive. Some of its top picks include: Barclays (BCS +8%), Lloyds (LYG +2.3%), Royal Bank of Scotland (RBS +3.8%)
Comments (2)
  • This article belongs in the funny pages. Sure got a laugh from me.
    12 Oct 2011, 11:41 AM Reply Like
  • SocGen, which just happens to be a big European bank, what a coincidence!
    12 Oct 2011, 01:01 PM Reply Like
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