Analysts Eye Modest Gains for SPDR S&P 600 Small Cap Value ETF
At ETF Channel, we analyzed the ETFs in our coverage and determined the potential for growth based on analyst predictions. For the SPDR S&P 600 Small Cap Value ETF (Symbol: SLYV), the average implied analyst target price is $95.70 per unit.
Current Trading Price and Analysts’ Forecasts
SLYV is currently trading at approximately $86.25 per unit, indicating a potential upside of 10.95% based on the average analyst projections for its holdings. Key components driving this outlook include Marten Transport Ltd (Symbol: MRTN), Global Net Lease Inc (Symbol: GNL), and Albany International Corp (Symbol: AIN). Despite MRTN’s recent trading price of $15.59 per share, analysts project a target of $20.00 per share—an increase of 28.29%. Similarly, GNL shares are priced at $8.12 with an average target of $10.38, signaling a 27.77% upside. AIN’s shares currently at $73.47 have a target of $93.40, reflecting a 27.13% expected rise. Below is a chart of the twelve-month price history for MRTN, GNL, and AIN:
Summary Table of Analyst Target Prices
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| SPDR S&P 600 Small Cap Value ETF | SLYV | $86.25 | $95.70 | 10.95% |
| Marten Transport Ltd | MRTN | $15.59 | $20.00 | 28.29% |
| Global Net Lease Inc | GNL | $8.12 | $10.38 | 27.77% |
| Albany International Corp | AIN | $73.47 | $93.40 | 27.13% |
Evaluating Analyst Targets
Investors must consider whether these analyst targets are realistic or overly ambitious. Are these projections well-founded based on recent industry changes, or are they based on past data that no longer applies? A high target price, while indicating optimism, might also result in future downgrades if not substantiated by fair market conditions. Careful research and analysis will help investors navigate these questions.
Check out 10 ETFs With the Most Upside to Analyst Targets »
Additional Resources:
• GFI Price Target
• Funds Holding MFIC
• Top Ten Hedge Funds Holding USXF
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
