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Tuesday
May202008

Strategist Price Targets of the S&P 500

Below we highlight the updated S&P 500 price targets of equity strategists surveyed by Bloomberg.  After weeks and weeks of analysts lowering price targets, a firm finally upped its price target earlier this month.  Merrill Lynch recently raised its 12-month price target for the S&P 500 from 1,430 to 1,500.  The average price target of all analysts surveyed is now 1,519, which is 6.49% above the current level of the S&P 500.  At the start of the year, the average price target was 11.12% above the S&P 500.

Spxpricetarget_3   

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Reader Comments (1)

I would put the S&P closer to 1079, based on historical risk premiums, Dow 10,500

http://nickgogerty.typepad.com/designing_better_futures/
May 20, 2008 | Unregistered Commenternick gogerty

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