European stocks edge higher as volatile month nears end; earnings in focus By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
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Source: Investing.com
European Equity Markets: European stock indices saw slight gains amid mixed corporate earnings reports, with the Stoxx 600 index achieving its longest winning streak since January, despite concerns over U.S. tariffs impacting trade and economic outlooks.
Corporate Earnings and Economic Data: Major companies like Stellantis, Mercedes-Benz, and TotalEnergies reported significant drops in profits due to tariff uncertainties, while Barclays and UBS exceeded expectations; upcoming economic data is anticipated to influence future monetary policy decisions by the European Central Bank.
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.
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Current: 27.375
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Current: 27.375
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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.
