Analysts Predict Growth for iShares MSCI USA Quality Factor ETF (QUAL)

ETF Channel has analyzed the holdings of various ETFs to assess their potential. For the iShares MSCI USA Quality Factor ETF (Symbol: QUAL), analysts estimate an implied target price of $208.23 per unit, based on its underlying assets.

Current Price and Potential Upside

With QUAL currently trading near $185.11 per unit, analysts believe there is a promising 12.49% upside. Key stocks contributing to this projection include ConocoPhillips (Symbol: COP), Applied Materials, Inc. (Symbol: AMAT), and Alphabet Inc (Symbol: GOOGL). ConocoPhillips, traded at $96.26/share, has an average analyst target soaring to $131.08/share—a 36.17% upside. Similarly, Applied Materials is valued at $169.20, with analysts forecasting a rise to $211.41/share, equating to a 24.95% increase. Alphabet Inc is currently priced at $185.23, with a target price of $218.75/share, suggesting an 18.10% growth potential.

Comparative Price History

Below is a performance comparison over the past twelve months for COP, AMAT, and GOOGL:

Summary of Analyst Targets

Here’s a summary table showing recent prices and analyst target projections:

Analyzing Analyst Optimism

Are these analyst targets realistic, or are they too optimistic? Investors might wonder if the analysts have up-to-date information reflecting recent trends in these industries. A significant target compared to a stock’s trading price often signifies optimism, but it can also hint at the possibility of future downgrades if the estimates are outdated. These factors require further investigation by potential investors.

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Also see:

• Cheap Financial Shares
• PAX Dividend History
• MCHP Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.