UK equities underperforming, appear cheap but slow earnings recovery predicted by UBS

From Investing.com: 2024-12-09 06:17:56

UK equities have underperformed this year, with the FTSE 100 gaining only 7.7% compared to other global indices. Despite appearing cheap with a forward P/E of 11.4x, UBS warns of slow earnings recovery due to commodity prices, sales to China, and global growth risks. The bank questions the true value of UK stock valuations, especially in financials and energy sectors.



Read more at Investing.com: UK equities “cheap for a reason”