Europe's Most Undervalued Shares

Morningstar analysts believe equities in developed Europe are still slightly undervalued today. Here are some examples for a range of sectors, including tech and consumer

Valerio Baselli 13 October, 2021 | 10:00AM
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Euro notes

Global equity markets are slowing down their pace after the extraordinary post-pandemic outbreak rally. The Morningstar Europe Index NR performed modestly in the third quarter of 2021 (1.4%), after gaining 15.4% in the first half of the year.

Nevertheless, Morningstar analysts believe equities in developed Europe are still slightly undervalued today: the median stock in our European coverage universe trades at a 1% discount to our current fair value estimate. Currently, 90 components out of the 1,612 that we count in the Morningstar Europe Index portfolio have a Morningstar Stock Rating of 4 or 5 stars.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Valerio Baselli

Valerio Baselli  is Senior Editor at Morningstar.