Morgan Stanley lists three 'standout names' it says have not only made improvements in sustainability, but also have an upside of 20% to 35%.
Embracing sustainability doesn't have to come at the expense of financial performance — Morgan Stanley named several European companies it says have managed to show just that. The "standout names" have produced "quantifiable financial impact" on top of making improvements in ESG , Morgan Stanley's analysts, led by Stephen Byrd, wrote in a note on Monday. These stocks are rated overweight and have average upside of around 20% to 35%, the bank added.
Swiss building materials manufacturer Holcim is another one of the bank's top picks. Morgan Stanley described the company as a "global leader" in cement decarbonization, and its "ambitious" medium-term decarbonization target puts it in a "league of its own." The bank noted the company's "strong delivery on cost savings" and sees scope for margin uplift in its non-cement business.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Winter of 'disconnect': Morgan Stanley's Mike Wilson braces for more than 20% stock dropMorgan Stanley chief investment officer Mike Wilson warns investors are dangerously unprepared for a weak earnings season.
続きを読む »
Morgan Stanley names its top pick in Chinese tech — and gives it over 70% upsideWall Street is giving Chinese tech stocks some love again, and Morgan Stanley has named a 'top pick.'
続きを読む »
Morgan Stanley downgrades Boeing, says shares are approaching 'cruising altitude' after recent outperformanceBoeing shares are approaching 'cruising altitude' after taking off at the tail end of 2022, according to Morgan Stanley.
続きを読む »
Brent will return to over $100 a barrel by the middle of 2023 – Morgan StanleyLooking back, 2022 was an eventful year for the oil market. Martijn Rats, Morgan Stanley's Global Commodity Strategist, discusses some of the key unce
続きを読む »
Morgan Stanley exec departure sparks more CEO succession talkCOO and former CFO John Pruzan is retiring in a move that narrows the list of potential replacements if CEO James Gorman steps down
続きを読む »
A potential recession doesn't shake our conviction in Morgan Stanley and Wells FargoFears of an impending recession have been a drag on bank stocks. But we're staying invested in our two financials — Wells Fargo (WFC) and Morgan Stanley (MS).
続きを読む »