CNN/Money around mid-Dec. usually post a 2012 S&P target from 1 dozen or more analysts of various investment banks I got that last year and before this year, no matter how I search using google, I can't find it. It's a table that CNN/Money post. Has any1 seen it? If so please help out
If you know the "forecast" from one analyst, you'll know it from all of the others since they engage in "sheep think". :eek:
To the contrary, if you ask a dozen analysts, you will get 4-5 completely different views, thus the summary of the prediction will be worthless. To the OP, maybe it is too early, and they haven't published it yet.
I used this marvelous new website called Google, and the keywords were: "2012 S&P forecast", 5th hit from the top.... http://www.businessinsider.com/top-equity-strategists-forecast-2012-2011-12?op=1 "Wall Street's top strategists have been unveiling their 2012 S&P 500 year end forecasts. Calls range from bold and ballsy to reluctant and conservative. They see the S&P 500 ending 2012 flat to up as much as 20% from yesterday's close of 1,254. Earnings are expected to be flat to up around 10%. Most see modest GDP growth in the U.S., and many expect more quantitative easing from the Fed."
The other Goldman boy said breakeven: "In a new note to clients, Goldman Sachs' Chief Strategist David Kostin provides his outlook for the S&P 500. Applying an 11.8 forward P/E ratio, he sees the index ending 2012 at 1250" Link in my earlier post.... For extra fun, Goldman's last year prediction was 1500: In May they lowered that to 1450: "Goldman Sachs Group Inc. (GS) lowered its year-end forecast for the Standard & Poorâs 500 Index to 1,450 from 1,500 and reduced its 2012 earnings projection, citing weakening economic estimates." http://www.businessweek.com/news/20...-s-p-forecast-to-1-250-on-europe-concern.html In Sept, they slashed it to 1250, finally getting it right: "Sept. 15 (Bloomberg) -- Goldman Sachs Group Inc.âs David Kostin slashed his year-end forecast for the Standard & Poorâs 500 Index by 11 percent to 1,250, citing continued uncertainty in the global markets due to Europeâs debt crisis." http://www.bloomberg.com/news/2011-...-year-end-2011-s-p-500-forecast-to-1-450.html