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Goldman Sachs and Barclays strategists raise target prices for European stock indices

MarsBitNews
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Mars Finance News, June 19 — According to a survey by Bloomberg, the U.S.-Iran peace agreement has improved the outlook for European stocks in the second half of the year and prompted several strategists to raise their year-end targets. Goldman Sachs, Barclays, and Société Générale have all raised their respective forecasts. The latest survey involving 16 strategists indicates that the European Stoxx 600 index is expected to close at 640 points by the end of 2026, matching the latest historical high. However, some sectors in the market have not yet recovered from pre-war prices. Some respondents pointed out that this provides further upside potential for the market, as investors may rotate sectors to position for an economic recovery.
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