Analysts See 12% Upside for Avantis US Large Cap Equity ETF
ETF Channel analyzed the underlying holdings of the Avantis US Large Cap Equity ETF (Symbol: AVLC) and found the implied analyst target price for the ETF is $75.89 per unit.
Currently, AVLC trades at approximately $67.49 per unit, indicating a potential upside of 12.45% based on analysts’ average targets for its holdings. Notable holdings include Madrigal Pharmaceuticals Inc (MDGL), Knife River Corp (KNF), and Itron Inc (ITRI), each showing significant upside potential.
MDGL, trading at $270.87, has a target price of $421.14, reflecting a 55.48% increase. KNF’s recent price of $95.16 suggests a 14.09% upside to its target of $108.57. Meanwhile, ITRI is currently at $113.28, with an average target price of $129.15, indicating a 14.01% potential gain.
Below is a twelve-month price history chart showing the relative performance of MDGL, KNF, and ITRI:
Here’s a summary of the current analyst target prices:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Avantis US Large Cap Equity ETF | AVLC | $67.49 | $75.89 | 12.45% |
| Madrigal Pharmaceuticals Inc | MDGL | $270.87 | $421.14 | 55.48% |
| Knife River Corp | KNF | $95.16 | $108.57 | 14.09% |
| Itron Inc | ITRI | $113.28 | $129.15 | 14.01% |
Investors should consider whether analysts’ targets are justified or overly optimistic. The relationship between current prices and high target prices may reflect future optimism but could also lead to downgrades if targets prove unrealistic. Further research is advised for investors.
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Also see:
• Stockholder Letter
• Funds Holding SPCM
• Funds Holding SFLO
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
