Europe rallies behind Ukraine after Trump-Zelenskyy clash, defense stocks soar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 03 2025
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Source: SeekingAlpha
European Leaders Support Ukraine: European leaders, including U.K. Prime Minister Keir Starmer, are collaborating to establish a peace deal with Russia that may involve a one-month truce, while continuing military aid and economic pressure on Russia to ensure Ukraine's sovereignty.
Impact on Defense Stocks: The potential for peace in Ukraine has led to a surge in European defense stocks, with significant gains reported from companies like BAE Systems and Dassault Aviation, as markets react positively to increased military spending discussions.
Analyst Views on VGK
Wall Street analysts forecast VGK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VGK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 86.320
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Current: 86.320
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
