Analysts Predict Upside for Pacer Metaurus Large Cap Dividend ETF
According to data from ETF Channel, analysts have assessed the potential of the Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (Symbol: QDPL). The implied analyst target price for this ETF sits at $43.03 per unit, based on its underlying holdings.
Current Price and Predicted Growth
QDPL is currently trading around $38.94, suggesting that there is a potential upside of 10.51% based on analyst projections for the ETF’s constituents. Notably, three underlying holdings stand out with significant upside to their target prices: Yum! Brands Inc (Symbol: YUM), Rollins, Inc. (Symbol: ROL), and Nasdaq Inc (Symbol: NDAQ).
Stock Performance Insights
Yum! Brands Inc is trading at $130.17, but analysts project a target of $144.83, which would represent an increase of 11.26%. Rollins, Inc. currently sits at $45.65, with an average target of $50.67, implying a potential gain of 10.99%. Similarly, Nasdaq Inc’s recent price of $76.82 has a target of $85.11, indicating a potential upside of 10.79%. Below is a chart displaying the twelve-month price history for these stocks:
Analyst Target Summary
Here’s a quick summary of the current analyst targets for the discussed stocks:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | QDPL | $38.94 | $43.03 | 10.51% |
| Yum! Brands Inc | YUM | $130.17 | $144.83 | 11.26% |
| Rollins, Inc. | ROL | $45.65 | $50.67 | 10.99% |
| Nasdaq Inc | NDAQ | $76.82 | $85.11 | 10.79% |
Evaluating Analyst Projections
The questions remain: Are analysts too optimistic in their targets? Do they have strong justifications for these price forecasts, or have they missed recent developments in the industry? While potential growth can reflect positive sentiment, it may also lead to price downgrades if projections are overly ambitious or outdated. Investors should conduct further research to navigate these uncertainties.
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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.
