Sell Side Consensus Indicator

Sell Side Consensus Indicator The Sell Side Indicator remains in neutral territory and suggests an expected return of +11% over the next 12 months for the S&P 500. time. This indicator suggests a target for the S&P 500 of 3,258 over the next 12 months. Image: BofA US Equity and Quant Strategy

Consensus Earnings Expectations

Consensus Earnings Expectations Consensus earnings expectations across the world have been revised downward over the past 12 months. Image: Goldman Sachs Global Investment Research

S&P 500 Valuation – Consensus FY2 P/B and Return on Equity (ROE)

S&P 500 Valuation – Consensus FY2 PB and Return on Equity (ROE) This chart suggests that the current valuation of the S&P 500 appears broadly consistent with the correlation between consensus FY2 P/B and return on equity (R² = 0.42). Image: Goldman Sachs Global Investment Research