《大行報告》花旗下調美股標普500指數年內目標至4,700點
花旗發表報告,下調美股標普500指數年內目標,由5,100點降至4,700點。該行預期更高地緣政治風險溢價將負面地影響更廣泛市場預期估值。但該行沒有下調盈利預期,並認為美股在目前完美風暴過後有上升空間。
該行指,4,700點目標意味目標市盈率20至21倍,以及每股226美元經營溢利預測。指數將在今年稍後反映明年增長預期,目前自下而上的預期為每股盈利低雙位數增長將在明年持續,縱使俄烏戰事對長期經濟增長動力的影響仍不斷變化。
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