UBS maintains a constructive outlook on Eurozone equities supported by projected 25% earnings growth, yet adopts a more selective, neutral tactical stance in the near term. The report downgrades European IT to Neutral, citing high valuations and a narrower market breadth.
Key Takeaways
- 1.Eurozone equities are supported by an improving earnings outlook, but near-term catalysts are limited.
- 2.European IT is downgraded to Neutral due to stretched valuations and tactical risks.
- 3.Earnings growth of approximately 25% is expected over the next two years.
Table of Contents
- Eurozone equities
- Central scenario
- CIO themes
- Upside scenario
- Downside scenario
- Global asset class preferences definitions
- Appendix
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Matthew GilmanRolf Ganter
Securities
SX5E
Themes
AI-related investmentLuxury & LifestylesEuropean leadersSwiss high-quality dividends
Regions
EuropeGermanySwitzerland