Recent analysis reveals significant upside potential for iShares MSCI USA Equal Weighted ETF (EUSA) based on evaluations of its underlying assets.
In our review at ETF Channel, we examined how the trading prices of stocks within EUSA compare to what analysts project for the next 12 months. The weighted average implied analyst target price for the ETF stands at $110.27 per unit. With EUSA currently trading around $100.08, there’s a potential upside of 10.18% according to analyst predictions.
Considering specific stocks under EUSA, three stand out for their significant upside potential. Samsara Inc (Symbol: IOT) trades at $45.43 per share, but analysts forecast a target price of $52.07—showing a 14.61% increase. Brown & Brown Inc (Symbol: BRO) has a recent trading price of $102.93, with a target of $114.71, indicating an 11.45% potential gain. Likewise, Tradeweb Markets Inc (Symbol: TW) is currently at $127.87 per share, with an anticipated target of $142.36, translating to an 11.33% upside. Below is a chart that shows the performance of these stocks over the past twelve months:
A summary of the current analyst target prices is provided in the table below:
Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
---|---|---|---|---|
iShares MSCI USA Equal Weighted ETF | EUSA | $100.08 | $110.27 | 10.18% |
Samsara Inc | IOT | $45.43 | $52.07 | 14.61% |
Brown & Brown Inc | BRO | $102.93 | $114.71 | 11.45% |
Tradeweb Markets Inc | TW | $127.87 | $142.36 | 11.33% |
These potential targets raise questions about whether analysts are being realistic or overly optimistic. As prices and forecasts can rapidly change, investors need to conduct thorough research to understand the validity of these predictions and how they reflect current company and industry conditions. High price targets may inspire confidence but can also lead to adjustments if they don’t align with evolving market realities.
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Also see:
• Preferred Stock Screener
• AUR Shares Outstanding History
• GNBC Insider Buying
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.