Wanting on the underlying holdings of the ETFs in our protection universe at ETF Channel, we now have in contrast the buying and selling worth of every holding towards the typical analyst 12-month ahead goal worth, and computed the weighted common implied analyst goal worth for the ETF itself. For the Vanguard Russell 1000 Worth ETF (Image: VONV), we discovered that the implied analyst goal worth for the ETF primarily based upon its underlying holdings is $94.01 per unit.
With VONV buying and selling at a current worth close to $84.06 per unit, that signifies that analysts see 11.84% upside for this ETF wanting by to the typical analyst targets of the underlying holdings. Three of VONV’s underlying holdings with notable upside to their analyst goal costs are Avis Finances Group Inc (Image: CAR), Informatica Inc (Image: INFA), and Harley-Davidson Inc (Image: HOG). Though CAR has traded at a current worth of $90.19/share, the typical analyst goal is 36.94% larger at $123.50/share. Equally, INFA has 36.72% upside from the current share worth of $24.38 if the typical analyst goal worth of $33.33/share is reached, and analysts on common predict HOG to succeed in a goal worth of $38.50/share, which is 32.58% above the current worth of $29.04. Beneath is a twelve month worth historical past chart evaluating the inventory efficiency of CAR, INFA, and HOG:
Beneath is a abstract desk of the present analyst goal costs mentioned above:
| Title | Image | Latest Worth | Avg. Analyst 12-Mo. Goal | % Upside to Goal |
|---|---|---|---|---|
| Vanguard Russell 1000 Worth ETF | VONV | $84.06 | $94.01 | 11.84% |
| Avis Finances Group Inc | CAR | $90.19 | $123.50 | 36.94% |
| Informatica Inc | INFA | $24.38 | $33.33 | 36.72% |
| Harley-Davidson Inc | HOG | $29.04 | $38.50 | 32.58% |
Are analysts justified in these targets, or overly optimistic about the place these shares might be buying and selling 12 months from now? Do the analysts have a legitimate justification for his or her targets, or are they behind the curve on current 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:
APTV DMA
ED shares outstanding history
FIF Insider Buying
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
