Barclays: It’s Time To Buy Value In Europe Again As Valuations Near GFC Lows

Traditional value European sectors such as Autos, Insurance and Banks are priced near the cheapest levels in two decades according to an equity research note from Barclays’ European Equity Strategy team. The Investing Show: Why value investing beats the market The cheapness of European value stocks has existed for many months already, and it is a trend that Barclays’ equity strategy team has flagged up already several times this year. However, during the past two months (since Brexit) European value stocks have continued to underperform both growth and the wider market taking valuations further towards oversold territory compared to historical…