Goldman Sachs Says Turkish Bank Stocks Can Go Higher in 2027

Turkish bank stocks have more room to run after their recent rally, according to analysts at Goldman Sachs Group Inc., who expect weaker inflation and falling interest rates to boost the sector in 2027.

“For 2026, we believe the risk-reward is fairly balanced, with much of the upside from the recent rally already priced in. However, for 2027, we see the risk-reward as skewed to the upside,” analysts including Ashwath P T and Kazim Andac wrote in a report published Monday.