Analyst Targets Suggest Significant Upside for iShares ETF and Holdings
At ETF Channel, we analyzed the underlying holdings of various ETFs in our coverage universe. Our review focused on comparing the trading prices of each holding with their average analyst 12-month forward target prices. For the iShares U.S. Equity Factor ETF (Symbol: LRGF), we calculated an implied analyst target price of $68.04 per unit based on its underlying assets.
Currently, LRGF is trading at approximately $61.88 per unit, indicating a potential upside of 9.96% based on the analysts’ target prices for the ETF’s holdings. Notably, several of LRGF’s underlying stocks exhibit substantial upside potential. Lantheus Holdings Inc (Symbol: LNTH) trades at $81.24/share, yet its average analyst target is $131.54/share, representing a 61.91% upside. Similarly, APA Corp (Symbol: APA) has a recent share price of $17.59, with analysts projecting a target of $22.12/share, indicating a 25.75% upside. Fidelity National Financial Inc (Symbol: FNF) is priced at $58.24, while the expected target stands at $71.60/share, signifying a potential increase of 22.94%. Below is a 12-month price history chart illustrating the performance of LNTH, APA, and FNF:
Below is a summary table of the current analyst target prices discussed above:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares U.S. Equity Factor ETF | LRGF | $61.88 | $68.04 | 9.96% |
| Lantheus Holdings Inc | LNTH | $81.24 | $131.54 | 61.91% |
| APA Corp | APA | $17.59 | $22.12 | 25.75% |
| Fidelity National Financial Inc | FNF | $58.24 | $71.60 | 22.94% |
Investors might wonder if analysts are justified in these targets or if they may be overly optimistic about where these stocks will trade in the next 12 months. It’s important for investors to evaluate the analysts’ rationale behind these projections, especially given recent company and industry developments. A high target price compared to a stock’s trading price can indicate optimism but might also signal a potential for adjustments if the targets no longer align with market realities. Further research is recommended.
10 ETFs With Most Upside To Analyst Targets »
Also see:
• Socially Responsible Dividend Stocks
• Institutional Holders of UFI
• PROC shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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