• S&P 500 Index seen at 4,700 by June 2024 – Credit Suisse

Noticias del mercado

22 agosto 2023

S&P 500 Index seen at 4,700 by June 2024 – Credit Suisse

Economists at Credit Suisse expect equity markets to see reduced headwinds and forecast S&P 500 at 4,700 by June 2024.

Modestly positive scenario over the next 12 months

We forecast an acceleration in earnings growth in 2024 after the earnings slowdown in 2023. At the same time, we do not expect valuation multiples to move higher given their already generous levels. Overall, this suggests a modestly positive scenario over the next 12 months, though it will likely be accompanied by volatility. 

For the S&P 500 Index, we set our June 2024 target at 4,700, offering a return outlook of approximately 7% from today.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: