Eurozone Equities PE Should Tank As Margins Rise: Barclays – ValueWalk Premium
PMI

Eurozone Equities PE Should Tank As Margins Rise: Barclays

European non-financials have had mixed fourth quarter results so far, but strong PMI and low wages suggest that sales and margin growth could be considerably stronger than consensus, and Barclay’s analyst Ian Scott tells investors to “keep faith in the fundamentals.”

“Incoming economic data strongly endorse our (and other economists’) recovery projections, yet the consensus for top-line revenues and bottom-line earnings is inconsistent with this outlook,” Scott writes.
PMI indicates strong GDP growth
The purchasing manager’s index (PMI) is a strong leading indicator for GDP growth, and it has moved up sharply in the last . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0