Barclays: If Election Surprise Occurs In Europe, Stocks Could Rally

The value investing environment in Europe is looking attractive, a Barclays report said. While asset flows, perhaps fearing an “anti-consensual” election result, have been fleeing the region, brave investors might think differently. Looking at the fundamental value numbers and avoiding the emotion of elections – a significant assumption – the European stock market appears attractive.

Value is available all over Europe

Focusing on fundamentals, Dennis Jose and his Barclays' European Equity Strategy team consider economic data that is turning positive and valuations near the bottom end of their historical averages. This isn't the first time Barclays has made such pronouncements. This past summer, for instance, they noted optimism. The stock rally, however,...