Analysts Project Significant Upside for Xtrackers DEUS ETF
At ETF Channel, we conducted a detailed analysis of the ETFs within our coverage universe. We compared the trading price of each underlying holding to the average analyst’s 12-month forward target price. From this, we calculated the weighted average implied target price for the Xtrackers Russell US Multifactor ETF (Symbol: DEUS), which stands at $61.36 per unit.
Currently, DEUS is trading at approximately $52.99 per unit. This pricing indicates that analysts anticipate a potential upside of 15.78% based on their target prices for the ETF’s underlying holdings. Among those holdings, three companies exhibit substantial upside potential: PVH Corp (Symbol: PVH), NVIDIA Corp (Symbol: NVDA), and Epam Systems, Inc. (Symbol: EPAM). PVH’s recent trading price of $65.15 is significantly lower than its average analyst target of $117.14, suggesting a potential upside of 79.80%. Similarly, NVIDIA’s shares are trading at $117.70, with an average target of $177.19, indicating a possible 50.54% increase. EPAM is also expected to see growth, with a current price of $175.30 and a target price of $261.59, revealing a potential upside of 49.22%. Below is a twelve-month price history chart comparing the stock performances of PVH, NVDA, and EPAM:
Here’s a summary of the current analyst target prices discussed above:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Xtrackers Russell US Multifactor ETF | DEUS | $52.99 | $61.36 | 15.78% |
| PVH Corp | PVH | $65.15 | $117.14 | 79.80% |
| NVIDIA Corp | NVDA | $117.70 | $177.19 | 50.54% |
| Epam Systems, Inc. | EPAM | $175.30 | $261.59 | 49.22% |
Considering these figures, investors may wonder if analysts’ targets are realistic or overly optimistic for the upcoming year. Are the projections based on solid fundamentals, or have analysts fallen behind recent developments in their sectors? An elevated price target relative to a stock’s current trading price can signal optimism but may also foreshadow potential downgrades if those targets are outdated. Investors are encouraged to conduct further research to assess these insights critically.
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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.
