Analyst Forecasts Unexpected 12-Month Price Target for FMDE

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The Fidelity Enhanced Mid Cap ETF (FMDE) has an implied analyst target price of $41.58 per unit, indicating a potential upside of 17.99% from its recent trading price of $35.24. This analysis is based on comparison with the average analyst 12-month forward target prices of its underlying holdings.

Among FMDE’s notable underlying holdings are Rocket Companies Inc (RKT), Teleflex Incorporated (TFX), and Citizens Financial Group Inc (CFG). RKT, currently priced at $15.61, has a target price of $19.60, suggesting a 25.56% upside. TFX, at $108.51, has a target of $132.62, reflecting a potential increase of 22.22%. CFG is currently trading at $50.90 with an analyst target of $61.66, indicating an upside of 21.14%.

Name Symbol Recent Price Avg. Analyst 12-Mo. Target % Upside to Target
Fidelity Enhanced Mid Cap ETF FMDE $35.24 $41.58 17.99%
Rocket Companies Inc RKT $15.61 $19.60 25.56%
Teleflex Incorporated TFX $108.51 $132.62 22.22%
Citizens Financial Group Inc CFG $50.90 $61.66 21.14%

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