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 towards the common analyst 12-month ahead goal worth, and computed the weighted common implied analyst goal worth for the ETF itself. For the Vanguard S&P 500 Worth ETF (Image: VOOV), we discovered that the implied analyst goal worth for the ETF based mostly upon its underlying holdings is $209.94 per unit.
With VOOV buying and selling at a latest worth close to $181.80 per unit, that implies that analysts see 15.48% upside for this ETF wanting by way of to the common analyst targets of the underlying holdings. Three of VOOV’s underlying holdings with notable upside to their analyst goal costs are Residents Monetary Group Inc (Image: CFG), Smurfit Westrock plc (Image: SW), and Additional House Storage Inc (Image: EXR). Though CFG has traded at a latest worth of $43.30/share, the common analyst goal is nineteen.46% increased at $51.73/share. Equally, SW has 18.95% upside from the latest share worth of $51.77 if the common analyst goal worth of $61.58/share is reached, and analysts on common predict EXR to achieve a goal worth of $172.65/share, which is 17.61% above the latest worth of $146.79. Beneath is a twelve month worth historical past chart evaluating the inventory efficiency of CFG, SW, and EXR:
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 S&P 500 Worth ETF | VOOV | $181.80 | $209.94 | 15.48% |
| Residents Monetary Group Inc | CFG | $43.30 | $51.73 | 19.46% |
| Smurfit Westrock plc | SW | $51.77 | $61.58 | 18.95% |
| Additional House Storage Inc | EXR | $146.79 | $172.65 | 17.61% |
Are analysts justified in these targets, or overly optimistic about the place these shares will probably 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 will also be a precursor to focus on worth 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:
Funds Holding VACH
APB YTD Return
Top Ten Hedge Funds Holding KND
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
