Analysts See Upside Potential for iShares Core Dividend ETF
In evaluating the ETFs within our coverage at ETF Channel, we compared each holding’s trading price to its average 12-month forward target price. For the iShares Core Dividend ETF (Symbol: DIVB), the implied analyst target price based on these holdings is $53.27 per unit.
Currently, DIVB is trading around $48.22 per unit, indicating a potential upside of 10.47% according to analysts’ forecasts. Key underlying holdings with significant upside include DENTSPLY SIRONA Inc (Symbol: XRAY), Victory Capital Holdings Inc (Symbol: VCTR), and Cohen & Steers Inc (Symbol: CNS). Specifically, XRAY is trading at $15.83 per share, which is 17.09% below its average target of $18.54. Similarly, VCTR, priced at $61.68, has a target of $72.00, suggesting an upside of 16.73%. Analysts believe that CNS, currently at $77.74, could reach a target price of $90.00, reflecting a potential increase of 15.77%. The chart below illustrates the price performance of XRAY, VCTR, and CNS over the past twelve months:
Here’s a summary table of current analyst target prices for these stocks:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares Core Dividend ETF | DIVB | $48.22 | $53.27 | 10.47% |
| DENTSPLY SIRONA Inc | XRAY | $15.83 | $18.54 | 17.09% |
| Victory Capital Holdings Inc | VCTR | $61.68 | $72.00 | 16.73% |
| Cohen & Steers Inc | CNS | $77.74 | $90.00 | 15.77% |
Investors may wonder whether analysts’ targets are justified or overly optimistic. A high target price compared to a stock’s trading price may signal strong future potential, yet it could also indicate outdated projections that might lead to target price downgrades. These considerations warrant thorough investor research.
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
