Vanguard Energy ETF Analysts Predict Over 18% Growth Despite Current Prices
Recent evaluations show analysts expect significant upside in the Vanguard Energy ETF (Symbol: VDE), suggesting a potential rise in value based on underlying holdings.
Current Valuation and Upside Potential
As it stands, VDE is trading at approximately $125.69 per unit, while analysts project an average target price of $148.63. This indicates an anticipated upside of 18.25% for the ETF. Among VDE’s notable components are HighPeak Energy Inc (Symbol: HPK), Helix Energy Solutions Group Inc (Symbol: HLX), and Noble Corporation plc (Symbol: NE), each showing considerable growth potential according to analyst targets.
Key Stocks Within the Vanguard Energy ETF
HPK is currently priced at $14.32 per share, whereas its average analyst target stands at $22.75, offering a potential upside of 58.87%. HLX, recently priced at $9.24, has an average target of $14.50, indicating an upside of 56.93%. NE, trading at $30.92, has a target price of $48.20, reflecting a potential increase of 55.89%. Below is the performance chart for these stocks over the past twelve months:
Detailed Summary of Analyst Targets
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Vanguard Energy ETF | VDE | $125.69 | $148.63 | 18.25% |
| HighPeak Energy Inc | HPK | $14.32 | $22.75 | 58.87% |
| Helix Energy Solutions Group Inc | HLX | $9.24 | $14.50 | 56.93% |
| Noble Corporation plc | NE | $30.92 | $48.20 | 55.89% |
Analysts’ Perspectives and Future Considerations
The crucial question remains: Are these analysts justified in their targets, or are they overly optimistic? It’s important to consider whether these projections can withstand market realities, especially as economic conditions continue to evolve. High price targets can indicate a positive outlook but may also indicate previous bullish sentiments that are no longer applicable. Investors should conduct thorough research to assess the validity of these price targets and how they relate to the current landscape of the energy sector.
10 ETFs With Most Upside To Analyst Targets »
Also see:
• Institutional Holders of NN
• LNKB Next Dividend Date
• ACHV 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.
