Citi Research has raised the Stoxx 600 year-end price target to 540

seekingalpha03-26

Citi Research analysts raised the Stoxx 600 Index (STOXX) year-end target to 540, from 510, according to a Citi Research Macro Think Tank report. European earnings per share growth is estimated now at...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2422523307?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1433041100/image_1433041100.jpg","is_english":true,"pubTime":"2024-03-26 00:42","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2422523307","market":"nz","top_or_hot":-1,"title":"Citi Research has raised the Stoxx 600 year-end price target to 540","media":"seekingalpha","content":"<div>\n<p>Citi Research analysts raised the Stoxx 600 Index (STOXX) year-end target to 540, from 510, according to a Citi Research Macro Think Tank report. European earnings per share growth is estimated now at...</p>\n\n<a href=\"https://seekingalpha.com/news/4083375-citi-research-has-raised-the-stoxx-600-year-end-price-target-to-540\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi Research has raised the Stoxx 600 year-end price target to 540</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti Research has raised the Stoxx 600 year-end price target to 540\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-26 00:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4083375-citi-research-has-raised-the-stoxx-600-year-end-price-target-to-540><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi Research analysts raised the Stoxx 600 Index (STOXX) year-end target to 540, from 510, according to a Citi Research Macro Think Tank report. European earnings per share growth is estimated now at...</p>\n\n<a href=\"https://seekingalpha.com/news/4083375-citi-research-has-raised-the-stoxx-600-year-end-price-target-to-540\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IEUS","symbol_name":"iShares MSCI Europe Small-Cap","start_time":0,"source_url":"https://seekingalpha.com/news/4083375-citi-research-has-raised-the-stoxx-600-year-end-price-target-to-540","article_id":"2422523307","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1433041100/image_1433041100.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422523307","pubTimestamp":1711384928,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Citi Research analysts raised the Stoxx 600 Index  year-end target to 540, from 510, according to a Citi Research Macro Think Tank report. European earnings per share growth is estimated now at 6%, compared to 3%. “Our year-end target assumes no further multiple expansion from current levels, which could still be too conservative,” said Analyst Beata Manthey. This update is driven by a greater certainty on rate cuts -- which Citi analysts believe will happen during the first two weeks of June -- year-to-date global growth upgrades, and a likely weaker dollar.  Analysts said micro risks are still skewed to upside and remain skeptical of a rotation from growth to value styles.  A broader cyclical outperformance looks more plausible, analysts said and added that their preferred broadening trade is European small and mid-caps .  More on STOXX Europe 600 Index:  Greenback Consolidates Last Week's Surge CNY7.20 Gives Way As Strong Greenback Proves Too Much Market Hears A Dovish Fed And Sells","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IEUS":"iShares MSCI Europe Small-Cap"},"translate_title":"花旗研究已将斯托克600指数年终目标价上调至540点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IEUS":1},"content_text":"Citi Research analysts raised the Stoxx 600 Index (STOXX) year-end target to 540, from 510, according to a Citi Research Macro Think Tank report. European earnings per share growth is estimated now at 6%, compared to 3%. “Our year-end target assumes no further multiple expansion from current levels, which could still be too conservative,” said Analyst Beata Manthey. This update is driven by a greater certainty on rate cuts -- which Citi analysts believe will happen during the first two weeks of June -- year-to-date global growth upgrades, and a likely weaker dollar.  Analysts said micro risks are still skewed to upside and remain skeptical of a rotation from growth to value styles.  A broader cyclical outperformance looks more plausible, analysts said and added that their preferred broadening trade is European small and mid-caps (IEUS).  More on STOXX Europe 600 Index:  Greenback Consolidates Last Week's Surge CNY7.20 Gives Way As Strong Greenback Proves Too Much Market Hears A Dovish Fed And Sells The Greenback High conviction stocks with exposure to AI in European data centers - MS European stocks with a “sustainable yield” - JPM","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422523307"}