Bank of America named a number of buy-rated European stocks its analysts are most positive on. The bank ranked stocks based on “beat factor” — its analysts’ most out-of-consensus stock ideas based on price objectives and earnings estimates — in its Aug. 11 research note. All names are from the FTSE Eurofirst 300 index. Defense group Thales tops BofA’s buy-rated beat factor list. The bank is 6% above consensus on the company, in terms of earnings per share for the 2023 fiscal year. Banks on BofA’s beat list include Dutch firm ING and French company BNP Paribas . It also named several new entries for August, such as luxury fashion company Moncler , British retailer Next and data firm Experian . Small and midsized companies BofA also named several small-to-midsized firms on a list of European Beat Factor Top 10 stocks, all of which it is buy-rated on. British engineering company Smiths Group topped the list, followed by Italian gas distributor Italgas and vegetable oil producer AAK . Computer accessories company Logitech , building materials firm Kingspan and low-cost airline Wizz Air also made the bank’s list. “Our analysts’ view on consumer staples and tech is the most positive relative to consensus, with their bottom-up projections pointing to 19% and 25% upside potential for the two sectors over the coming twelve months, while consensus expects upside potential of 12% and 19%, respectively,” the bank said. “Our analysts are most negative relative to consensus on real estate, expecting 16% upside potential for the sector over the coming year, below consensus at 24%,” BofA added.
:max_bytes(150000):strip_icc():format(jpeg)/2021Taxes-500035bd4760432bb55973dec0c63b24.jpg "Reverse Mortgage Rules by State (and D.C.)")
Reverse Mortgage Rules by State (and D.C.)
Top Wall Street analysts find these stocks promising for the long haul:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1455323545-9132d19b253042298a5e50cebc341788.jpg "Credit Scams to Watch Out For")
Credit Scams to Watch Out For:max_bytes(150000):strip_icc():format(jpeg)/InsuranceScorehowitworks-5a42f332494ec90036720943.jpg "What Credit Score Should You Have?")
What Credit Score Should You Have?:max_bytes(150000):strip_icc():format(jpeg)/documents3-2c9f0be43694417aa7a597ee195072f1.jpg "How Long Does an Item Appear on My Credit Report?")
How Long Does an Item Appear on My Credit Report?:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-1190222745-b65de6b6c3b948d2a22db5d28c5b1fb8.jpg "Is My Credit Score Good Enough for a Mortgage?")
Is My Credit Score Good Enough for a Mortgage?