Trying on the underlying holdings of the ETFs in our protection universe at ETF Channel, now we have in contrast the buying and selling value of every holding towards the typical analyst 12-month ahead goal value, and computed the weighted common implied analyst goal value for the ETF itself. For the Goldman Sachs MarketBeta US 1000 Fairness ETF (Image: GUSA), we discovered that the implied analyst goal value for the ETF based mostly upon its underlying holdings is $59.62 per unit.
With GUSA buying and selling at a latest value close to $52.93 per unit, that implies that analysts see 12.63% upside for this ETF wanting by means of to the typical analyst targets of the underlying holdings. Three of GUSA’s underlying holdings with notable upside to their analyst goal costs are Symbotic Inc (Image: SYM), Reddit Inc (Image: RDDT), and Talen Power Corp (Image: TLN). Though SYM has traded at a latest value of $26.09/share, the typical analyst goal is 36.89% greater at $35.71/share. Equally, RDDT has 14.39% upside from the latest share value of $175.44 if the typical analyst goal value of $200.68/share is reached, and analysts on common expect TLN to succeed in a goal value of $269.80/share, which is 14.11% above the latest value of $236.43. Beneath is a twelve month value historical past chart evaluating the inventory efficiency of SYM, RDDT, and TLN:
Beneath is a abstract desk of the present analyst goal costs mentioned above:
| Title | Image | Latest Value | Avg. Analyst 12-Mo. Goal | % Upside to Goal |
|---|---|---|---|---|
| Goldman Sachs MarketBeta US 1000 Fairness ETF | GUSA | $52.93 | $59.62 | 12.63% |
| Symbotic Inc | SYM | $26.09 | $35.71 | 36.89% |
| Reddit Inc | RDDT | $175.44 | $200.68 | 14.39% |
| Talen Power Corp | TLN | $236.43 | $269.80 | 14.11% |
Are analysts justified in these targets, or overly optimistic about the place these shares can 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 value goal relative to a inventory’s buying and selling value can mirror optimism concerning the future, however will also be a precursor to focus on value downgrades if the targets have been a relic of the previous. These are questions that require additional investor analysis.
10 ETFs With Most Upside To Analyst Targets »
Additionally see:
Yield Charts
Institutional Holders of SECR
Funds Holding ONEG
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
