Europe’s Biggest Equity Bull Says the Region Can Beat US in 2025

  • Deutsche Bank strategists turn overweight on European stocks
  • Expect boost from economic recovery, strong corporate earnings
The headquarters of Deutsche Bank AG in Frankfurt.Photographer: Alex Kraus/Bloomberg
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European equities face a much brighter outlook in 2025 amid improving economic prospects and a low bar for corporate earnings after badly laggingBloomberg Terminal US stocks last year, according to strategists at Deutsche Bank AG.

The team led by Maximilian Uleer turned overweight on regional equities in a note published Tuesday. They expect the benchmark Stoxx 600 Index to end the year around 590 points — implying gains of about 15% from current levels, and the highest targetBloomberg Terminal among strategists tracked by Bloomberg.