Goldman Sachs has added three stocks to its European Conviction List: the payment processor Adyen, the German energy group RWE, and the German insurer Talanx. Adyen shows the highest upside potential at 77% according to the bank, which targets 1,006.80 euros as of September 1. RWE, which has gained approximately 30% since the beginning of the year, trades around 58.58 euros with a 75 euro target, representing 28% upside. Talanx, trading near 125 euros, has a 13% upside potential with a 141 euro target. Goldman Sachs simultaneously removed Hannover Re, Enel, Wise, and Zalando from the list.
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