What is the S&P 500 end-year price target? Here are Goldman and Morgan Stanley's answers.

To the Moo joined discussion · Jun 13, 2022 22:48

US investors have been contending with a volatile market in recent months. The market continued to price the change in inflation, monetary policy, Russia-Ukraine tension, and other macroeconomic factors.

Investors are looking for a trading benchmark in violent stock-market swings. Here are some strategists' S&P 500 targets.

1. End-2022 target for S&P 500 from institutions

Morgan Stanley strategists see the S&P 500 trading close to 3,400 in mid-August as they think the current earnings estimates remain too high.

What is the S&P 500 end-year price target? Here are Goldman and Morgan Stanley's answers.

BTIG's chief market technician thinks the S&P 500 may decline to around 3,500 by this summer. And before that, the S&P 500 may trade between 3,800 to 4,250.

Goldman strategists' S&P 500 end-year target is 4,300, assuming no recession. But if there is a recession, the target will be 3,600.

Strategists' average S&P 500 end-year target is 4,743, according to a Bloomberg survey.

Here are historical projections for the last 23 years. Based on the data below, strategists tend to underestimate year-end index value. Nevertheless, note that past performance does not guarantee future results.

Source: Bloomberg

2. Trading navigation

You may use strategists' projections as reference when determine your trading moves.

Here are some trading strategies related to the S&P 500 index.

1) Trading related ETFs:

- Bullish investors can trade ETFs like $SPDR S&P 500 ETF(SPY.US)$ , $Proshares Ultra S&P500(SSO.US)$ , and $ProShares UltraPro S&P500 ETF(UPRO.US)$ , which offer 1x, 2x, and 3x daily long leverage to the S&P 500 index.

- Bearish investors can trade ETFs like $Short S&P 500 Proshares(SH.US)$ , $Proshares Ultrashort S&P500(SDS.US)$ , and $ProShares UltraPro Short S&P500 ETF(SPXU.US)$ , which offer 1x, 2x, and 3x daily short leverage to the S&P 500 index.

2) Trading related options:

e.g. $SPDR S&P 500 ETF(SPY.US)$ (target index or ETFs)> scroll to Options on top > and Chains for the option quotes > Put (if you want to buy put options).

Source: Moomoo

Source:
Morgan Stanley & BTIG
Wall Street Thinks Any Stock Market Rally Will Be Short-Lived - BNN Bloomberg

Goldman
Recession will push S&P 500 to 3,600, Goldman Sachs says | Seeking Alpha

Strategists' average S&P 500
Analysis | Flaws Emerge in Strategists’ Bullish Case for Stocks - PNews

$SPDR S&P 500 ETF(SPY.US)$ $Proshares Ultra S&P500(SSO.US)$ $ProShares UltraPro S&P500 ETF(UPRO.US)$ $Short S&P 500 Proshares(SH.US)$ $Proshares Ultrashort S&P500(SDS.US)$ $ProShares UltraPro Short S&P500 ETF(SPXU.US)$

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