The SPDR S&P Global Natural Resources ETF (GNR) has an implied analyst target price of $61.02 per unit, representing a 9.51% potential upside from its recent trading price of $55.72. This analysis was based on a comparison of the ETF’s underlying holdings against average analyst 12-month forward target prices.
Notable underlying holdings include Suncor Energy Inc (SU), which has a potential upside of 16.30% from its recent price of $38.36 to an average target of $44.61; Agnico Eagle Mines Ltd (AEM) with a 12.00% upside from $130.23 to $145.85; and Equinor ASA (EQNR), expected to rise 11.86% from $23.85 to a target of $26.68.
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| SPDR S&P Global Natural Resources ETF | GNR | $55.72 | $61.02 | 9.51% |
| Suncor Energy Inc | SU | $38.36 | $44.61 | 16.30% |
| Agnico Eagle Mines Ltd | AEM | $130.23 | $145.85 | 12.00% |
| Equinor ASA | EQNR | $23.85 | $26.68 | 11.86% |
