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Report published August 28, 2026

J.P. Morgan Europe First to Market: Quant Factor Rotation & Prudential 1H26 Update (August 28, 2026)

Source and citation context

Report date
August 28, 2026
Analysis as of
Not stated in source

Authors / editors: Khuram Chaudhry (Analyst), William Summer (Analyst), Farooq Hanif (Analyst)

Finvaulta summarizes J.P. Morgan's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

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J.P. Morgan's European morning meeting note highlights a quant strategy recommendation to position Long Quality / Short Risk as macro indicators slow down. It also provides a positive first take on Prudential's 1H26 results and outlines recent rating/price target revisions.

Key Takeaways

  • 1.J.P. Morgan's European Quant Strategy advises maintaining a 'Long Quality, Short Risk' posture as high-risk factors surrender gains to high-quality factors amid slowing macro indicators.
  • 2.Prudential reported in-line 1H26 new business profit growth of 8% at constant FX, increased FY26 share buybacks to $1.5bn, and reiterated FY26-27 targets.
  • 3.Key estimate changes include raising ABN AMRO's price target to €43.40 and lowering Elekta AB's price target to Skr46.20.

Table of Contents

  • Today's Morning Meeting
  • Also Published Today
  • In Case You Missed It… Trending in the Last Month
  • Key Changes
  • JPM Events
  • Upcoming Earnings

Report data

Key Changes: Price Target Changes

MetricEstimateContext
Prudential 1H26 New Business Profit Growth8%Reported at constant FX, in-line with consensus and ahead of J.P. Morgan expectations
Prudential FY26 Share Buyback Target1.5 USD billionIncreased by US$0.3bn to US$1.5bn
ABN AMRO Bank NV Price Target43.40 EURIncreased from €39.40
Source: J.P. Morgan / Company reports; Company reports; J.P. Morgan estimates. This is a dated model snapshot, not a live forecast.

Reports in this series

Europe First to Market is shown in chronological order through this edition, published on August 28, 2026.

Part of the Europe First to Market series — view all 38 editions

Looking for the latest edition? JPM Europe Equity Research | Today’s Morning Meeting (Sep 8, 2026)

  1. May 11JPM Today’s Morning Meeting
  2. May 26JPM Europe Equity Research Today's Morning Meeting
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  14. Jun 17JPM Europe Equity Research Today's Morning Meeting
  15. Jun 18JPM Europe Equity Research Morning meeting
  16. Jun 19JPM Europe Equity Research Today's Morning Meeting
  17. Jun 22JPM Europe Equity Research Today’s Morning Meeting
  18. Jun 26JPM Europe Equity Research
  19. Jun 29Europe Equity Research Europe First to Market
  20. Jul 2Europe Equity Research Europe First to Market
  21. Jul 3JPM Europe Equity Research Europe First to Market
  22. Jul 7JPM Europe Equity Research Europe First to Market
  23. Jul 21JPM Europe Equity Research Today’s Morning Meeting
  24. Jul 27JPM Europe Equity Research | Today’s Morning Meeting
  25. Jul 28JPM Europe Equity Research Today’s Morning Meeting
  26. Jul 30JPM Europe Equity Research | Today’s Morning Meeting
  27. Aug 10JPM Europe Equity Research | Today’s Morning Meeting
  28. Aug 12JPM Europe Equity Research Today’s Morning Meeting
  29. Aug 13JPM Europe Equity Research Today’s Morning Meeting
  30. Aug 17JPM Europe Equity Research Today’s Morning Meeting
  31. Aug 26JPM Europe Equity Research | Today’s Morning Meeting
  32. Aug 27JPM Europe Equity Research | Today's Morning Meeting

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Authors / Editors

Khuram Chaudhry · AnalystWilliam Summer · AnalystFarooq Hanif · Analyst

Reported Data Context

  • Prudential 1H26 New Business Profit Growth: 8 % (1H26) · Source: J.P. Morgan / Company reports
  • Prudential FY26 Share Buyback Target: 1.5 USD billion (FY26) · Source: Company reports
  • ABN AMRO Bank NV Price Target: 43.40 EUR · Source: J.P. Morgan estimates

Securities

EKTAb.STGIVN.SPRUABN AMRO Bank NV

Themes

Factor rotation: Long Quality vs Short RiskEuropean corporate earnings progression and guidance reiteration

Regions

EuropeUKUnited KingdomSwedenNetherlands

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