Analyst Predictions Suggest Upside for Pacer Metaurus ETF and Key Holdings
In a recent analysis by ETF Channel, the Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (Symbol: QDPL) is highlighted for its potential growth based on analyst forecasts. This ETF currently shows an implied target price of $43.51 per unit, compared to its recent trading price of $38.83, indicating analysts believe it could rise by 12.06% over the next 12 months.
Key Holdings Driving Potential Growth
Among QDPL’s underlying assets, three stand out with significant upside potential. Kimco Realty Corp (Symbol: KIM) has a current price of $23.01, but analysts target a higher price of $26.08, indicating a 13.33% upside. Camden Property Trust (Symbol: CPT) trades at $112.52 with a target of $127.43, representing a possible gain of 13.25%. Finally, Genuine Parts Co. (Symbol: GPC) is priced at $114.62, with an expected rise to $129.67 for a 13.13% increase.
Below is a twelve-month price history chart showcasing the stock performance of KIM, CPT, and GPC:
Current Analyst Target Price Summary
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | QDPL | $38.83 | $43.51 | 12.06% |
| Kimco Realty Corp | KIM | $23.01 | $26.08 | 13.33% |
| Camden Property Trust | CPT | $112.52 | $127.43 | 13.25% |
| Genuine Parts Co. | GPC | $114.62 | $129.67 | 13.13% |
However, the accuracy of these targets remains in question. Are analysts too optimistic about the future, or are they responding to valid market signals? Price targets often reflect optimism, but if they are outdated, they may lead to future downgrades. Investors should conduct thorough research before making decisions based on these predictions.
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Also see:
• STEM shares outstanding history
• USAK market cap history
• ASNS YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
