Analysts from Goldman Sachs named the European stocks they predict will announce significant buybacks until 2024 — which they say will present substantial upside to their share prices.
Stocks with massive upside potential On its list of "companies forecast to execute buybacks over 2022-24," Goldman Sachs included financial players NatWest Group , Lloyds Banking Group , Barclays and BAWAG Group .
NatWest Group is expected to have a share reduction of 18% between 2022 and 2024.
Barclays — which is penciled to have a share reduction of 11% between 2022 and 2024 — was also rated a buy.
The company is looking at a 12% share reduction over the next two years.
Persons:
Goldman Sachs, Buybacks, —, Goldman, Prosus, — CNBC's Michael Bloom
Organizations:
Companies, NatWest Group, Lloyds Banking Group, Barclays, BAWAG Group, BAWAG, Media
Locations:
Europe, United States