iShares Core Dividend Growth ETF Shows 10.29% Upside Potential
Analysis of ETFs in our coverage reveals that the iShares Core Dividend Growth ETF (DGRO) has an implied analyst target price of $68.69 per unit based on its holdings.
Currently trading at approximately $62.28, DGRO presents a 10.29% upside according to analyst targets. Significant underlying holdings with high upside include ServisFirst Bancshares Inc (SFBS), STERIS plc (STE), and Terex Corp. (TEX).
SFBS trades at $73.36, with an average analyst target of $83.50, indicating a 13.82% potential increase. Similarly, STE, priced at $242.08, shows a 12.42% upside toward its target of $272.14. Meanwhile, TEX is expected to rise 11.93% from its recent price of $44.06 to an analyst target of $49.32.
Below is a twelve-month price history chart for SFBS, STE, and TEX:
Current analyst target prices for these stocks are summarized in the table below:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares Core Dividend Growth ETF | DGRO | $62.28 | $68.69 | 10.29% |
| ServisFirst Bancshares Inc | SFBS | $73.36 | $83.50 | 13.82% |
| STERIS plc | STE | $242.08 | $272.14 | 12.42% |
| Terex Corp. | TEX | $44.06 | $49.32 | 11.93% |
Investors may question whether analysts have justified these targets. A significant target price relative to a stock’s trading price can indicate optimism but risks potential downgrades if deemed overly ambitious. Further research is advised for investors.
