Vanguard Russell 1000 Value ETF Shows Promising Upside Potential
ETFs analyzed reveal a favorable outlook based on analyst targets.
Evaluating the ETFs we cover at ETF Channel, we’ve examined the trading prices of each holding against their average analyst 12-month target prices. For the Vanguard Russell 1000 Value ETF (Symbol: VONV), the implied analyst target price for the ETF is set at $95.48 per unit.
Currently trading at approximately $85.35 per unit, VONV has an upside potential of 11.87%. Analysts project significant gains for some of VONV’s core holdings. Simpson Manufacturing Co., Inc. (Symbol: SSD), Estee Lauder Cos., Inc. (Symbol: EL), and Post Holdings Inc (Symbol: POST) are notable examples. SSD is trading at $167.59 per share, but analysts have a target of $206.50, suggesting an upside of 23.22%. Estee Lauder’s recent price of $65.94 indicates a similar upside of 23.14% to the target price of $81.20. Likewise, POST is expected to rise 20.11% from its trading price of $104.81 to a target of $125.89. Below is a chart depicting the twelve-month price history for SSD, EL, and POST:
Here’s a summary of the current analyst target prices for these stocks:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Vanguard Russell 1000 Value ETF | VONV | $85.35 | $95.48 | 11.87% |
| Simpson Manufacturing Co., Inc. | SSD | $167.59 | $206.50 | 23.22% |
| Estee Lauder Cos., Inc. | EL | $65.94 | $81.20 | 23.14% |
| Post Holdings Inc | POST | $104.81 | $125.89 | 20.11% |
Are these projections realistic, or do they lean towards excessive optimism? Investors should consider whether analysts have solid reasons for their forecasts, or if they may be missing recent developments within the companies or industries involved. A high target price relative to a stock’s current price can signal optimism but might also lead to potential downgrades if expectations are unrealistic. These are critical questions for investors to explore further.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
