Analyst Targets Indicate Potential Upside for DVY ETF Holdings
Our analysis at ETF Channel examines the underlying assets of Exchange-Traded Funds (ETFs) within our coverage universe. We compared the trading price of each holding to the average analyst 12-month forward target price, calculating the weighted average implied analyst target price for the iShares Select Dividend ETF (Symbol: DVY). The result shows an implied price of $149.94 per unit for the ETF.
At its recent trading price of $132.98 per unit, DVY offers analysts a projected upside of 12.75% based on the average target prices of its underlying holdings. Notably, three of these holdings stand out for their potential: Whirlpool Corp (Symbol: WHR), First Horizon Corp (Symbol: FHN), and United Bankshares Inc (Symbol: UBSI). WHR’s shares currently trade at $93.90, whereas the average analyst target is $114.00, indicating a 21.41% upside. FHN, priced at $19.23, has a target of $23.25—representing a 20.90% increase potential. Similarly, UBSI is currently trading at $35.23 with an average target price of $42.40, translating to a 20.35% upside. Below is a twelve-month price history chart comparing the stock performance of WHR, FHN, and UBSI:
Current Analyst Target Prices Summary
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares Select Dividend ETF | DVY | $132.98 | $149.94 | 12.75% |
| Whirlpool Corp | WHR | $93.90 | $114.00 | 21.41% |
| First Horizon Corp | FHN | $19.23 | $23.25 | 20.90% |
| United Bankshares Inc | UBSI | $35.23 | $42.40 | 20.35% |
The question arises: Are analysts justified in their target prices, or are they overly optimistic about future trading conditions for these stocks? An analyst’s high price target relative to a stock’s current trading price may suggest optimism regarding future performance. However, it may also signal potential downgrades if the targets reflect outdated expectations. Investors should conduct further research to assess these projections accurately.
10 ETFs With Most Upside To Analyst Targets »
also see:
• Manufacturing Dividend Stocks
• Institutional Holders of IOPP
• Funds Holding ASCA
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
