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Goldman Sachs believes in Europe

Goldman Sachs believes in Europe

So Goldman Sachs analysts have chosen a number of companies in several different sectors as their European first choices.

In the banking sector, the French bank chooses Crédit Agricole, German Commerzbank and Dutch ABN Amro, among others. In the travel and leisure category, Goldman has stuck with the French lottery operator La Francaise Des Jeux, and in constructions for the similar French companies Vinci and Bouygues.

In energy and energy, Goldman Sachs prefers French companies EDF, Engie, Hera, Italian Italgas and Spanish Enagas.

On the telecom front, the bank selects Telecom Italia, the Belgian operator Proximus and the French operator Iliad.

In retail, Goldman Sachs spotlights French grocery giant Carrefour, as well as German online fashion retailer Zalando.

“The European Union vaccination program got off to a slow start compared to programs in the United States and the United Kingdom: the number of infections increased in many countries in Europe and the suspensions were reapplied in some countries.” … / After the next few weeks, however, our economists expect A strong recovery in Europe, and their belief is actually rising that the Eurozone will recover sharply in the summer, ”the bank analysts write.

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