Fidelity European Trust (LON:FEV) Reaches New 12-Month High - Still a Buy?

Fidelity European Trust (LON:FEV - Get Free Report)'s share price reached a new 52-week high on Friday . The company traded as high as GBX 441.50 and last traded at GBX 439.37, with a volume of 713914 shares traded. The stock had previously closed at GBX 437.Fidelity European Trust Stock Up 0.5%The stock has a fifty day moving average price of GBX 427.60 and a 200-day moving average price of GBX 419.08. The firm has a market cap of £2.25 billion, a price-to-earnings ratio of 46.30 and a beta of 0.80. About Fidelity European Trust (Get Free Report)Fidelity European Trust PLC aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles. The Trust invests predominantly in continental European equities (and their related securities) and up to 20% of gross assets may be invested in companies outside of the continent. It follows a consistent bottom-up approach, seeking to identify companies able to grow dividends over a three to five-year horizon. Viewed as a whole, the European Union is the world's second largest economy and home to some of the strongest, most stable and resilient companies.See AlsoFive stocks we like better than Fidelity European TrustThe gold chart Wall Street is terrified of…America’s 1776 happening againThis makes me furiousBuy this Gold Stock Before May 2026What a Former CIA Agent Knows About the Coming CollapseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Fidelity European Trust Right Now?Before you consider Fidelity European Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fidelity European Trust wasn't on the list.While Fidelity European Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here