Analysts Predict Strong Upside for Vanguard Mid-Cap Value ETF and Its Holdings
In our analysis at ETF Channel, we examined the ETFs we’re monitoring, comparing the trading prices of their holdings against the average 12-month target prices set by analysts. The findings show that the Vanguard Mid-Cap Value ETF (Symbol: VOE) has an implied target price of $188.14 per unit.
Currently priced around $166.10 per unit, analysts suggest there is a potential upside of 13.27% for VOE, based on the targets of its underlying holdings. Notably, three companies within the ETF present significant growth potential: TransUnion (Symbol: TRU), Archer Daniels Midland Co. (Symbol: ADM), and Ventas Inc (Symbol: VTR). For instance, although TRU is trading at $96.49 per share, analysts predict an average target of $114.41, indicating an upside of 18.57%. Likewise, ADM’s recent price of $46.45 reflects a potential increase of 16.97% if it reaches an average target of $54.33. Similarly, VTR’s target of $70.50, compared to its current price of $60.86, suggests a 15.84% upside. The chart below illustrates the recent stock performance of TRU, ADM, and VTR:
Below is a summary table of the current analyst target prices:
Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
---|---|---|---|---|
Vanguard Mid-Cap Value ETF | VOE | $166.10 | $188.14 | 13.27% |
TransUnion | TRU | $96.49 | $114.41 | 18.57% |
Archer Daniels Midland Co. | ADM | $46.45 | $54.33 | 16.97% |
Ventas Inc | VTR | $60.86 | $70.50 | 15.84% |
As we consider these analyst targets, key questions arise: Are the analysts realistic in their forecasts, or overly optimistic? Do they have solid reasoning behind their predictions, or are they missing the mark given recent developments in the market? A higher price target compared to a stock’s current trading price may indicate optimism, but it can also foreshadow potential downgrades if those targets are outdated. These considerations warrant a deeper investigation by investors.
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Also see:
● Dividend Alerts
● RAM Historical Stock Prices
● TAC Historical Stock Prices
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.