Analyst Projections Show Promise for JPMorgan US Momentum Factor ETF
In analyzing the holdings of various ETFs, ETF Channel compared the current trading prices of individual holdings with the average analyst’s 12-month forward target price. For the JPMorgan US Momentum Factor ETF (Symbol: JMOM), the analysis indicated an implied target price of $67.78 per unit based on its underlying assets.
Currently, JMOM trades around $51.00 per unit, suggesting analysts forecast a potential upside of 32.90% based on their target prices for the ETF’s underlying holdings. Among these holdings, several have substantial upside potential compared to their target prices.
Notably, TPG Partners LLC (Symbol: TPG) trades at $40.99 per share, but analysts have set an average target of $69.00 per share—indicating a 68.33% upside. Similarly, Lazard Inc (Symbol: LAZ) has a recent trading price of $35.24, with a target of $55.57, reflecting a 57.69% potential increase. Analysts also expect Janus Henderson Group plc (Symbol: JHG) to rise to an average target price of $45.09 per share from its recent price of $30.20, equating to a 49.30% upside. Below, a chart illustrates the twelve-month price history of TPG, LAZ, and JHG:
Here’s a summary table of the current analyst target prices for the discussed stocks:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| JPMorgan US Momentum Factor ETF | JMOM | $51.00 | $67.78 | 32.90% |
| TPG Partners LLC | TPG | $40.99 | $69.00 | 68.33% |
| Lazard Inc | LAZ | $35.24 | $55.57 | 57.69% |
| Janus Henderson Group plc | JHG | $30.20 | $45.09 | 49.30% |
The question remains: Are analysts optimistic or realistic about these projected targets? It will take further investor research to determine whether these valuations accurately reflect recent developments in each company and the broader industry. High target prices could signal confidence—or serve as warnings if they do not align with the expected performance of the stocks in the upcoming year.
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Additional insights available:
• HXL YTD Return
• EIDO market cap history
• AMDA Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
