Strategists’ Forecasts for Standard & Poor’s 500 Index in 2012
By Inyoung Hwang -
2012-04-10T21:56:49Z
The table presents estimates from strategists at brokerages for where the Standard & Poor’s 500 Index (SPX) will finish 2012 and how much profit companies in the benchmark measure of U.S. stocks will generate.
Firm Strategist 2012 Close 2012 EPS
==============================================================
Bank of America Savita Subramanian 1,400 $104.50
Bank of Montreal 1,458 $103.00
Barclays Barry Knapp 1,330 $103.00
Citigroup* Tobias Levkovich 1,425 $101.00
Credit Suisse Andrew Garthwaite 1,470 $100.50
Deutsche Bank**
Goldman Sachs David Kostin 1,250 $100.00
HSBC Garry Evans 1,490
JPMorgan Thomas Lee 1,430 $105.00
Morgan Stanley Adam Parker 1,167 $100.00
Oppenheimer***
RBC Myles Zyblock $101.00
UBS Jonathan Golub 1,475 $103.00
Wells Fargo Gina Martin Adams 1,360 $102.00
---------------------------------------------------------------
Mean 1,387 $102.09
Median 1,425 $102.00
High 1,490 $105.00
Low 1,167 $100.00
* Citigroup’s estimate for S&P 500 profit is from Steven
Wieting.
** David Bianco, who joined Deutsche Bank in February,
hasn’t given forecasts yet.
*** Oppenheimer is currently interviewing for a strategist.
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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