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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
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Bank of America Savita Subramanian 1,450 $103.50
Bank of Montreal Brian Belski 1,425 $101.25
Barclays Barry Knapp 1,330 $103.00
Citigroup* Tobias Levkovich 1,425 $103.25
Credit Suisse Andrew Garthwaite 1,450 $105.00
Deutsche Bank David Bianco 1,475 $105.00
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 John Stoltzfus 1,450 $102.00
RBC Myles Zyblock $101.00
UBS Jonathan Golub 1,475 $103.50
Wells Fargo Gina Martin Adams 1,360 $102.00
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Mean 1,398 $102.65
Median 1,430 $103.00
High 1,490 $105.00
Low 1,167 $100.00
* Citigroup’s S&P 500 profit estimate is by Steven Wieting.
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