European Banks retain JP Morgan backing with NatWest a top pick

Impact · against what's priced in

JP Morgan's bullish outlook on European banks, specifically NatWest and Standard Chartered, provides a positive signal for the sector, though much of the macro valuation logic is already absorbed by recent price declines. The addition of Julius Baer to a preferred list represents the most concrete new catalyst among the group.

NWG+0.40

No priced-in read yet