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2023/01/09 / Erste Group Research

Europäische Aktien im Aufschwung


Empfehlungsänderungen: AstraZeneca, Siemens, Albemarle Corp, Intuit, United Parcel Service

Der europäische Aktienmarkt profitiert derzeit vor allem von den gesunkenen Energiepreisen und seiner niedrigen Bewertung. Der starke Rückgang des Erdgaspreises ist sehr vorteilhaft vor allem für den europäischen Industriesektor. Auch die Bewertung europäischer Aktien begünstigt den aktuellen Anstieg der Indizes. Gemäß KGV 2023e, das 12,9x beträgt, sind europäische Aktien weit unter ihrem historischen Durchschnitt bewertet.

Für das vierte Quartal 2022 wird für europäische Aktien im Jahresvergleich ein Gewinnanstieg um +15% erwartet. Die Umsätze sollte um +7% (j/j) ansteigen. In den darauf folgenden Quartalen wird das Gewinnwachstum dann sinken (1Q 2023e: +5%). Ab dem 2Q 2023 wird es für 2 Quartale negativ bleiben, bevor wieder Gewinnzuwächse erzielt werden.


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General information

AuthorErste Group Research
Date2023/01/09
Languagede
Product nameEmpfehlungsliste
Topic in focusEquities
Economy in focusEurozone, Germany, United States
Currency in focusEuro, US Dollar
Sector in focusAutomobiles & Parts, Banks, Basic Resources, Chemicals, Construction & Material, Financial Services, Food & Beverage, Health Care, Industrial Goods & Services, Insurance, Media, Oil & Gas, Personal & Household Goods, Retail, Technology, Telecommunications, Travel & Leisure, Utilities
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Bayer DE000BAY001736



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