Bloomberg News

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

May 21, 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                $110.50
Bank of Montreal     Brian Belski          1,550       $110.25
Barclays             Barry Knapp
Citigroup*           Tobias Levkovich                  $108.00
Credit Suisse        Andrew Garthwaite
Deutsche Bank        David Bianco                      $108.00
Goldman Sachs        David Kostin                      $106.00
HSBC                 Garry Evans
JPMorgan             Thomas Lee                        $110.00
Morgan Stanley       Adam Parker                        $98.71
Oppenheimer          John Stoltzfus
RBC                  Myles Zyblock                     $106.60
UBS                  Jonathan Golub                    $112.00
Wells Fargo          Gina Martin Adams                 $107.00
---------------------------------------------------------------
Mean                                                   $107.71
Median                                                 $108.00
High                                                   $112.00
Low                                                     $98.71

     *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


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