Goldman Sachs downgrades European energy, insurance, and banking sectors in 2027 outlook
GS Goldman Sachs Group Inc
$913.60 -1.43%
View chart & analysis → - 1Goldman Sachs downgraded the European energy, insurance, and banking sectors in its 2027 outlook.
- 2Goldman Sachs' expected earnings growth for 2027 slows to 7% from the 18% expected for 2026.
- 3The firm projected a Brent crude price of $78 by the end of 2027 and a TTF gas price of 31 euros per MWh by the end of 2027.
So what's the key point?
Goldman Sachs lowered its outlook for Europe's energy, insurance, and banking sectors. The expected earnings growth for 2027 is 7%.
Source Reuters +1 · View original ↗
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