Wanting on the underlying holdings of the ETFs in our protection universe at ETF Channel, we’ve in contrast the buying and selling worth of every holding in opposition to the common analyst 12-month ahead goal worth, and computed the weighted common implied analyst goal worth for the ETF itself. For the First Belief Nasdaq Cybersecurity ETF (Image: CIBR), we discovered that the implied analyst goal worth for the ETF primarily based upon its underlying holdings is $75.64 per unit.
With CIBR buying and selling at a latest worth close to $66.11 per unit, that implies that analysts see 14.42% upside for this ETF wanting by to the common analyst targets of the underlying holdings. Three of CIBR’s underlying holdings with notable upside to their analyst goal costs are Rapid7 Inc (Image: RPD), Tenable Holdings Inc (Image: TENB), and Radware Ltd (Image: RDWR). Though RPD has traded at a latest worth of $29.09/share, the common analyst goal is 35.59% larger at $39.44/share. Equally, TENB has 30.37% upside from the latest share worth of $38.14 if the common analyst goal worth of $49.72/share is reached, and analysts on common expect RDWR to achieve a goal worth of $28.00/share, which is 29.39% above the latest worth of $21.64. Beneath is a twelve month worth historical past chart evaluating the inventory efficiency of RPD, TENB, and RDWR:
Beneath is a abstract desk of the present analyst goal costs mentioned above:
| Identify | Image | Current Value | Avg. Analyst 12-Mo. Goal | % Upside to Goal |
|---|---|---|---|---|
| First Belief Nasdaq Cybersecurity ETF | CIBR | $66.11 | $75.64 | 14.42% |
| Rapid7 Inc | RPD | $29.09 | $39.44 | 35.59% |
| Tenable Holdings Inc | TENB | $38.14 | $49.72 | 30.37% |
| Radware Ltd | RDWR | $21.64 | $28.00 | 29.39% |
Are analysts justified in these targets, or overly optimistic about the place these shares shall be buying and selling 12 months from now? Do the analysts have a sound justification for his or her targets, or are they behind the curve on latest firm and trade developments? A excessive worth goal relative to a inventory’s buying and selling worth can replicate optimism concerning the future, however can be a precursor to focus on worth downgrades if the targets have been a relic of the previous. These are questions that require additional investor analysis.
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Additionally see:
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SATL market cap history
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
