European shares close up as bumper US jobs data quashes growth worries By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 04 2024
0mins
Source: Investing.com
European Market Response: European shares rose 0.4% on Friday, driven by a strong U.S. jobs report that eased growth concerns, although the week ended with an overall decline due to heightened tensions in the Middle East.
Sector Performance and Individual Stocks: Bank stocks led gains, while energy performed best over the week; notable individual stock movements included DSV's 6.7% rise after a share issue and Ubisoft's 33.5% surge amid buyout discussions.
Analyst Views on LCO
Wall Street analysts forecast LCO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LCO 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.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 27.375
Low
Averages
High
Current: 27.375
Low
Averages
High
No data
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.
