Bloomberg News

Strategists’ Forecasts for Standard & Poor’s 500 Index in 2013

March 12, 2012

The table presents estimates from strategists at brokerages for where the Standard & Poor’s 500 Index (SPX) will finish 2013 and how much profit companies in the benchmark measure of U.S. stocks will generate.


Firm                 Strategist           2013 Close   2013 EPS
==============================================================
Bank of America      Savita Subramanian
Bank of Montreal                                       $110.00
Barclays             Barry Knapp
Citigroup*           Tobias Levkovich                  $105.50
Credit Suisse        Andrew Garthwaite
Deutsche Bank**
Goldman Sachs        David Kostin                      $106.00
HSBC                 Garry Evans
JPMorgan             Thomas Lee                        $110.00
Morgan Stanley       Adam Parker                       $103.00
Oppenheimer***
RBC                  Myles Zyblock                     $106.60
UBS                  Jonathan Golub                    $112.00
Wells Fargo          Gina Martin Adams
---------------------------------------------------------------
Mean                                                   $107.59
Median                                                 $106.60
High                                                   $112.00
Low                                                    $103.00

     * 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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