Within MSCI Europe Consumer Discretionary, analysts optimistic on textiles, apparel, & luxury goods

At the end of December, the Consumer Discretionary sector continued to have the highest percentage of Buy ratings (51%) of all ten sectors in the MSCI Europe index. This marked the fourth consecutive month that the sector had the highest percentage of Buy ratings.

Given this optimism for the sector, which industries in the sector have the highest percentage of Buy ratings? Which companies within these industries have the highest percentage of Buy ratings?

Within the Consumer Discretionary sector, there are eight industries. The percentage of Buy ratings for four of these industries exceeded 50% at the end of December, led by the Textiles, Apparel, & Luxury Goods industry (64%). Within the Textile, Apparel, & Luxury Good industry, there are nine companies. The percentage of Buy ratings for three of these companies exceeded 75% at the end of December: Christian Dior S.A. (86%), adidas AG (82%), and Swatch Group AG-Reg (77%).

Of the 9,282 ratings on MSCI Europe companies at the end of the fourth quarter, 43% were Buy ratings, 40% were Hold ratings, and 17% were Sell ratings.