Vanguard High Dividend Yield ETF Shows 10.11% Upside Potential
A recent analysis of ETFs by ETF Channel reveals that the Vanguard High Dividend Yield ETF (Symbol: VYM) has an implied analyst target price of $142.06 per unit based on its underlying holdings.
Currently, VYM is trading at approximately $129.02 per unit, suggesting a potential upside of 10.11% according to analyst expectations. Notable underlying holdings include Nomad Foods Ltd (Symbol: NOMD), First Bancorp (Symbol: FBP), and Employers Holdings Inc (Symbol: EIG). NOMD’s recent price is $17.50/share, while its average analyst target is $25.00/share, indicating a 42.86% upside. FBP’s current price is $19.98, with an average target of $23.50, reflecting a 17.62% upside. EIG trades at $48.67, and analysts expect it to reach a target of $57.00/share, representing a 17.12% upside. Below is a twelve-month price history chart comparing the stock performance of NOMD, FBP, and EIG:
Current analyst target prices are summarized in the table below:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Vanguard High Dividend Yield ETF | VYM | $129.02 | $142.06 | 10.11% |
| Nomad Foods Ltd | NOMD | $17.50 | $25.00 | 42.86% |
| First Bancorp | FBP | $19.98 | $23.50 | 17.62% |
| Employers Holdings Inc | EIG | $48.67 | $57.00 | 17.12% |
Investors are encouraged to analyze whether analysts’ target prices are justified or overly optimistic. A high price target relative to a stock’s trading price may suggest future optimism or lead to potential downgrades if the targets reflect outdated expectations. Further research is advisable.
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Additional Insights:
• Top Ten Hedge Funds Holding WKLY
• FLNG Dividend Growth Rate
• Top Ten Hedge Funds Holding GNTY
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
