Could this beaten-down ASX 200 share be packing nearly 20% upside now?

Could this beaten-down ASX 200 share be packing nearly 20% upside now?

S&P/ASX 200 Index (ASX: XJO) share Smartgroup Corporation Ltd (ASX: SIQ) is enjoying a solid lift today. The company, which provides outsourced administrative and vehicle fleet management services, is up 2.5% in afternoon trade at $4.74 per share. That will come as welcome news to shareholders who’ve watched the Smartgroup share price tumble 43% over the past six months. Also likely to raise the spirits of investors in the ASX 200 share was the latest upgrade by Morgans. The broker …