S&P500 Price Targets & Projected Earnings 2011 & 2012

Today’s Barron’s has a cover story titled “Outlook 2011.”

Among the average forecasts of the 10 respondents (strategists and investment managers) was the following:

  • A year-end 2011 S&P500 target of 1373.25
  • $92.90 S&P500 EPS for 2011
  • $100.83  S&P500 EPS for 2012 (an average from 6 respondents)
  • 3.2% GDP growth for 2011

In a separate story from Bloomberg of December 13 titled “No New Normal as Strategists Predict 11% S&P500 Gain” the average figures from 11 respondents are similar; a year-end 2011 S&P500 target of 1379 and an EPS of $92/share.

Both the Bloomberg and (especially the) Barron’s stories have a variety of economic and market commentary accompanying the forecasts.


I post various economic forecasts because I believe they should be carefully monitored.  However, as those familiar with this blog are aware, I do not agree with many of the consensus estimates and much of the commentary in these forecast surveys.


A Special Note concerning our economic situation is found here

SPX at 1243.91 as this post is written