Goldman, Barclays, SocGen Lift Stoxx 600 Targets to 640 as US-Iran Peace Improves Outlook
Updated
Updated · Bloomberg · Jun 19
Goldman, Barclays, SocGen Lift Stoxx 600 Targets to 640 as US-Iran Peace Improves Outlook
2 articles · Updated · Bloomberg · Jun 19
Summary
Goldman Sachs, Barclays and Societe Generale raised their 2026 year-end targets for the Stoxx Europe 600 to 640, according to a Bloomberg survey.
The upgrades followed a US-Iran peace deal that improved the second-half outlook for European equities and encouraged strategists to turn more constructive.
A 16-firm poll now points to the benchmark ending 2026 at 640, a level that matches its latest all-time high.
Parts of the market still trade below prewar prices, leaving room for gains as investors rotate into recovery trades.