ETF Channel recently analyzed the underlying holdings of various ETFs, revealing intriguing insights for investors. For the iShares S&P Mid-Cap 400 Growth ETF (Symbol: IJK), the average analyst 12-month target price suggests a promising implied value.
The calculated implied analyst target price for IJK is $107.42 per unit. Given its recent trading price of approximately $96.33 per unit, this indicates an upside potential of 11.51% based on analyst targets. Notably, three underlying stocks within the ETF show significant potential for growth. These are LivaNova PLC (Symbol: LIVN), Visteon Corp (Symbol: VC), and Bruker Corp (Symbol: BRKR).
LivaNova PLC currently trades at $50.15 per share, with an average analyst target price of $72.00, reflecting a potential upside of 43.57%. Visteon Corp is priced at $90.46, but analysts predict it could rise to $122.85, representing a 35.80% increase. Similarly, Bruker Corp, trading at $57.18, has a target of $73.91, suggesting a 29.26% upside. The following chart shows the twelve-month price history and performance of LIVN, VC, and BRKR:
Below is a summary table of the current analyst target prices for these stocks:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares S&P Mid-Cap 400 Growth ETF | IJK | $96.33 | $107.42 | 11.51% |
| LivaNova PLC | LIVN | $50.15 | $72.00 | 43.57% |
| Visteon Corp | VC | $90.46 | $122.85 | 35.80% |
| Bruker Corp | BRKR | $57.18 | $73.91 | 29.26% |
These target prices raise questions about whether analysts are being realistic or overly optimistic. It is crucial for investors to investigate whether these projections have a solid foundation based on recent developments in the companies or the broader industry. A significant price target can signal optimism, but it may also precede potential downgrades if the estimates are detached from current realities. Thorough research is advisable for informed investment decisions.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
