Wanting on the underlying holdings of the ETFs in our protection universe at ETF Channel, we’ve got 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 Vanguard ESG U.S. Inventory ETF (Image: ESGV), we discovered that the implied analyst goal value for the ETF based mostly upon its underlying holdings is $114.30 per unit.
With ESGV buying and selling at a current value close to $104.04 per unit, that signifies that analysts see 9.86% upside for this ETF wanting by means of to the typical analyst targets of the underlying holdings. Three of ESGV’s underlying holdings with notable upside to their analyst goal costs are Enovix Corp (Image: ENVX), PagSeguro Digital Ltd (Image: PAGS), and Amicus Therapeutics Inc (Image: FOLD). Though ENVX has traded at a current value of $8.48/share, the typical analyst goal is 146.65% greater at $20.92/share. Equally, PAGS has 98.30% upside from the current share value of $7.64 if the typical analyst goal value of $15.15/share is reached, and analysts on common predict FOLD to succeed in a goal value of $17.75/share, which is 83.37% above the current value of $9.68. Beneath is a twelve month value historical past chart evaluating the inventory efficiency of ENVX, PAGS, and FOLD:
Beneath is a abstract desk of the present analyst goal costs mentioned above:
| Title | Image | Current Value | Avg. Analyst 12-Mo. Goal | % Upside to Goal |
|---|---|---|---|---|
| Vanguard ESG U.S. Inventory ETF | ESGV | $104.04 | $114.30 | 9.86% |
| Enovix Corp | ENVX | $8.48 | $20.92 | 146.65% |
| PagSeguro Digital Ltd | PAGS | $7.64 | $15.15 | 98.30% |
| Amicus Therapeutics Inc | FOLD | $9.68 | $17.75 | 83.37% |
Are analysts justified in these targets, or overly optimistic about the place these shares will likely 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 current firm and trade developments? A excessive value goal relative to a inventory’s buying and selling value can replicate optimism concerning the future, however can be a precursor to focus on value downgrades if the targets had been a relic of the previous. These are questions that require additional investor analysis.
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Additionally see:
GEDU Videos
Institutional Holders of BPYU
BNA Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
