Strategists’ Forecasts for Standard & Poor’s 500 Index in 2011
By Inyoung Hwang -
2011-11-21T20:22:06Z
The table presents estimates from strategists at brokerages for where the Standard & Poor’s 500 Index will finish 2011 and how much profit companies in the benchmark measure of U.S. stocks will generate.
Firm Strategist 2011 Close 2011 EPS
==============================================================
Bank of America Savita Subramanian $98.25
Bank of Montreal* Ben Joyce 1,215 $97.00
Barclays Barry Knapp 1,260 $96.00
Citigroup** Tobias Levkovich 1,325 $97.00
Credit Suisse Andrew Garthwaite 1,270
Deutsche Bank Binky Chadha 1,425 $99.00
Goldman Sachs David Kostin 1,200 $96.00
HSBC Garry Evans 1,130
JPMorgan Thomas Lee 1,475 $97.75
Morgan Stanley Adam Parker 1,238 $96.20
Oppenheimer Brian Belski 1,325 $96.00
RBC Myles Zyblock $96.00
UBS*** Jonathan Golub 1,350 $96.64
Wells Fargo Gina Martin Adams 1,250 $93.50
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Mean 1,289 $96.61
Median 1,265 $96.42
High 1,475 $99.00
Low 1,130 $93.50
* BMO’s rolling 12-month projection is 1,300.
** Citigroup’s estimate for S&P 500 profit is from Steven
Wieting.
*** UBS’ estimate for S&P 500 profit is from Thomas
Doerflinger.
To contact the reporter on this story: Inyoung Hwang in New York at ihwang7@bloomberg.net
To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net
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