Behind the Analyst Numbers
ETF Channel’s deep dive into the underlying holdings of various ETFs uncovered an intriguing discovery for investors in the SPDR Portfolio S&P 600 Small Cap ETF (SPSM). The average analyst 12-month forward target price for SPSM stands at a tantalizing $46.90 per unit, setting the stage for a potential upside of 11.39% from the recent trading price of $42.10 per unit. Amidst the sea of holdings, names like Extreme Networks Inc (EXTR), Mativ Inc (MATV), and LiveRamp Holdings Inc (RAMP) emerge as standout performers, boasting significant upside potential according to analyst target prices.
Analyzing Performance Trends
As per recent data, Extreme Networks Inc, Mativ Inc, and LiveRamp Holdings Inc stand out in the SPSM portfolio with substantial potential gains based on analysts’ target prices. For instance, EXTR’s target price of $18.58/share indicates a whopping 63.44% upside from its recent share price of $11.37. Similarly, MATV and RAMP show promise, with 63.22% and 39.26% potential gains, respectively, suggesting a lucrative opportunity for investors. A visual representation of the twelve-month price performance of these stocks paints a compelling picture for keen observers.
Current Analyst Target Prices
Delving deeper, a breakdown of the current analyst target prices reveals an optimistic outlook for SPSM and its underlying holdings. The table below showcases the recent trading prices, average analyst 12-month target prices, and the percentage upside to these targets for SPSM, EXTR, MATV, and RAMP. These figures present a bird’s eye view of the potential lucrative opportunities awaiting investors who dare to take a closer look.
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