Analysts Eye Modest Gains for SPDR S&P 600 Small Cap Value ETF
At ETF Channel, we analyzed the ETFs in our coverage and determined the potential for growth based on analyst predictions. For the SPDR S&P 600 Small Cap Value ETF (Symbol: SLYV), the average implied analyst target price is $95.70 per unit.
Current Trading Price and Analysts’ Forecasts
SLYV is currently trading at approximately $86.25 per unit, indicating a potential upside of 10.95% based on the average analyst projections for its holdings. Key components driving this outlook include Marten Transport Ltd (Symbol: MRTN), Global Net Lease Inc (Symbol: GNL), and Albany International Corp (Symbol: AIN). Despite MRTN’s recent trading price of $15.59 per share, analysts project a target of $20.00 per share—an increase of 28.29%. Similarly, GNL shares are priced at $8.12 with an average target of $10.38, signaling a 27.77% upside. AIN’s shares currently at $73.47 have a target of $93.40, reflecting a 27.13% expected rise. Below is a chart of the twelve-month price history for MRTN, GNL, and AIN:
Summary Table of Analyst Target Prices
Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
---|---|---|---|---|
SPDR S&P 600 Small Cap Value ETF | SLYV | $86.25 | $95.70 | 10.95% |
Marten Transport Ltd | MRTN | $15.59 | $20.00 | 28.29% |
Global Net Lease Inc | GNL | $8.12 | $10.38 | 27.77% |
Albany International Corp | AIN | $73.47 | $93.40 | 27.13% |
Evaluating Analyst Targets
Investors must consider whether these analyst targets are realistic or overly ambitious. Are these projections well-founded based on recent industry changes, or are they based on past data that no longer applies? A high target price, while indicating optimism, might also result in future downgrades if not substantiated by fair market conditions. Careful research and analysis will help investors navigate these questions.
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Additional Resources:
• GFI Price Target
• Funds Holding MFIC
• Top Ten Hedge Funds Holding USXF
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.