UBS has uncovered small- and medium-sized overlooked stocks across Europe that offer substantial upside potential.
Of those, the five stocks below stand out for having the biggest upside potential, according to FactSet's consensus price targets.
The five stocks had a high UBS "composite value score," indicating they are cheap relative to their book value.
Finally, UBS screened for stocks with a relatively low short-selling in them — the practice of betting on the stocks falling.
The bank had previously said small- and mid-cap companies are a "preferred" segment for investing in 2024.
Persons:
Sutanya Chedda, — CNBC's Michael Bloom
Organizations:
UBS
Locations:
Europe