IWY Analyst’s Implied Target Price: $188


ILooking at the underlying ETF holdings in our coverage universe on ETF Channel, we compared the trading price of each holding to the 12-month futures analyst average target price, and calculated the weighted average implied analyst target price. for the ETF itself. For the iShares Russell Top 200 Growth ETF (ticker: IWY), we found that the analysts’ implied target price for the ETF based on its underlying holdings is $188.02 per share.

With IWY trading at a recent price close to $145.94 per share, this means analysts see 28.83% upside potential for this ETF when looking at the average analyst targets of the underlying holdings. Netflix Inc (ticker: NFLX), Walt Disney Co. (ticker: DIS) and Ross Stores Inc (ticker: ROST) are three of IWY’s underlying holdings with a notable advantage over their analyst target prices. Although NFLX traded at a recent price of $356.77/share, the average analyst target is 57.61% higher at $562.30/share. Similarly, DIS is up 42.14% from the recent share price of $133.64 if the average analyst target price of $189.95/share is reached, and analysts expect average for ROST to reach a target price of $125.14/share, which is 39.67% above the recent price of $89.60. Below is a 12 month price history chart comparing the stock performance of NFLX, DIS and ROST:

Below is a table summarizing the current target prices of the analysts mentioned above:

name symbol Recent Price Avg. 12-MB Analyst. Target % increase over target
iShares Russell Top 200 Growth ETF IWY $145.94 $188.02 28.83%
Netflix Inc. NFLX $356.77 $562.30 57.61%
Walt Disney Co. SAY $133.64 $189.95 42.14%
Ross Inc Stores ROST $89.60 $125.14 39.67%

Are analysts justified in these targets, or too optimistic about where these stocks will trade in 12 months? Do the analysts have a valid rationale for their goals, or are they lagging behind recent company and industry developments? A high price target relative to a stock’s price can reflect optimism about the future, but can also be a precursor to target price declines if targets were a relic of the past. These are questions that require further investor research.

10 ETFs with the Most Benefits for Analyst Goals »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


nasdaq

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button