Recent analysis of underlying holdings reveals a promising outlook for the iShares MSCI KLD 400 Social ETF (Symbol: DSI) based on analyst target prices.
Our analysis at ETF Channel compared each holding’s trading prices against the average analyst 12-month forward target price, ultimately calculating a weighted average implied target price for the ETF. The results show that the implied target price for DSI stands at $126.63 per unit.
Currently, DSI trades at approximately $114.35, indicating a potential upside of about 10.74%. Among DSI’s holdings, three stocks are highlighted for their significant upside potential: Steelcase, Inc. (Symbol: SCS), Guidewire Software Inc (Symbol: GWRE), and Compass Minerals International Inc (Symbol: CMP). For instance, SCS is priced at $13.16 per share, yet analysts predict it could rise 26.64% to an average target of $16.67. Similarly, GWRE shows a 20.03% upside from its recent price of $171.34, with a target set at $205.67. CMP is expected to reach a target of $16.50, representing a 16.86% increase from its current price of $14.12. Below, you can see a chart illustrating the twelve-month performance of SCS, GWRE, and CMP:
Here is a summary table of the current analyst target prices discussed:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares MSCI KLD 400 Social ETF | DSI | $114.35 | $126.63 | 10.74% |
| Steelcase, Inc. | SCS | $13.16 | $16.67 | 26.64% |
| Guidewire Software Inc | GWRE | $171.34 | $205.67 | 20.03% |
| Compass Minerals International Inc | CMP | $14.12 | $16.50 | 16.86% |
As we assess these targets, one must consider whether analysts’ forecasts are justified or overly optimistic about future price movements. While high price targets can suggest confidence in growth potential, they might also signal a disconnect with current trends, which could lead to downward revisions. Investors are encouraged to conduct further research into these aspects.
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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.
