Vanguard Real Estate ETF Shows 16.66% Upside Potential
At ETF Channel, we’ve analyzed the underlying holdings of various ETFs, comparing their trading prices against the average analyst 12-month forward target prices. For the Vanguard Real Estate ETF (Symbol: VNQ), the implied analyst target price based on its holdings stands at $103.13 per unit.
Currently, VNQ trades at approximately $88.40 per unit, suggesting that analysts anticipate a 16.66% upside for this ETF when considering the average target prices of the underlying assets. Notable holdings within VNQ that show significant potential upside include DiamondRock Hospitality Co. (Symbol: DRH), Acadia Realty Trust (Symbol: AKR), and BRT Apartments Corp (Symbol: BRT). DRH currently trades at $7.72 per share, while analysts predict its average target price will increase by 28.06% to $9.89 per share. Similarly, AKR shows a 23.87% upside from its recent price of $20.99, with an average target price of $26.00 per share. Furthermore, analysts expect BRT to rise to a target price of $22.00 per share, reflecting a 22.97% increase from its current price of $17.89.
Below is a twelve-month price history chart comparing the stock performance of DRH, AKR, and BRT:
Further, we provide a summary table of the current analyst target prices for the mentioned stocks:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Vanguard Real Estate ETF | VNQ | $88.40 | $103.13 | 16.66% |
| DiamondRock Hospitality Co. | DRH | $7.72 | $9.89 | 28.06% |
| Acadia Realty Trust | AKR | $20.99 | $26.00 | 23.87% |
| BRT Apartments Corp | BRT | $17.89 | $22.00 | 22.97% |
Investors should consider whether analysts’ targets reflect realistic assessments or if they are overly optimistic about these stocks’ potential for future trading. High price targets relative to current stock prices may indicate positive sentiment, but they can also foreshadow downgrades. This calls for additional research by investors to validate the analysts’ forecasts against recent industry developments.
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Also see:
Top Ten Hedge Funds Holding BPOP
Institutional Holders of COLL
CMA shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
