The E.U. to buy $750 billion of U.S. energy products. Why that’s ‘absurd.’
Written by Emily J. Thompson, Senior Investment Analyst
Source: MarketWatch
U.S.-EU Trade Agreement: President Trump announced a deal with the EU for $750 billion in U.S. energy product purchases over three years, but analysts question the feasibility of this figure.
Industry Concerns: Energy experts describe the target as "wholly unrealistic" and "absurd," noting that U.S. exports would need to more than triple to meet the agreement's demands.
Analyst Views on FCG
Wall Street analysts forecast FCG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FCG 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: 24.400
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Current: 24.400
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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.
