Goldman Sachs and Barclays strategists raise target prices for European stock indices

BlockBeats news, on June 19, according to a Bloomberg survey, the US-Iran peace agreement has improved the outlook for European stock markets in the second half of the year and led several strategists to raise their year-end targets.

Goldman Sachs, Barclays and Société Générale have all raised their respective forecasts. The latest survey, involving 16 strategists, indicates that the STOXX Europe 600 index is expected to close at 640 points by the end of 2026, matching its latest all-time high. However, some sectors in the market have yet to recover from pre-war price levels.

Some respondents noted that this provides further upside potential for the market, as investors may position for economic recovery through sector rotation.