Goldman, HSBC See Stronger European Stock Rally on Growth Bets

European stocks are poised to ride out trade and geopolitical tensions — as long as the economic outlook stays supportive, according to a Bloomberg survey.

Strategists see the Stoxx Europe 600 Index rising about 4% by year-end from Wednesday’s close to 626 points, according to the median forecast. Goldman Sachs Group Inc. and HSBC Holdings Plc raised their targets since the last survey in December, undeterred by higher valuations or geopolitical tensions.