S & P 500 достигнет 3097 в течение следующих 12 месяцев, согласно подсчетам FactSet.
Company analysts see the S&P 500 reaching 3,097, or 7% from here, over the next 12 months, according to calculations from FactSet.
With the S&P 500 less than 2% from its historic all-time high, the bull market is one good day away from setting a record.
Securities forecasters on Wall Street believe the stock market will zoom past that new high and keep going. In fact, company analysts collectively see a 7% gain in store over the next 12 months for the benchmark, based on their individual 12-month price forecasts for S&P 500 companies, according to calculations from FactSet.
FactSet takes individual company analysts’ 12-month price targets and adds them up to get a top-line forecast of the overall market, which shows the S&P 500 could reach 3,097, or 7% from here, over the next year. This forecast is more bullish than the top-down forecast from Wall Street’s macro forecasters, who see a slight increase in the S&P 500 to 2,950.
To be sure, Wall Street has not always been accurate in predicting the future value of the market. In fact, these individual company analysts tend to be overly optimistic. Over the past five years, the S&P 500 has ended up 1.5% lower than their forecast. Over the past 15 years, the index has been almost 10% below Wall Street’s target.