Markets VTV

Implied VTV Analyst Target Price: $163

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Vanguard Value ETF (Symbol: VTV), we found that the implied analyst target price for the ETF based upon its underlying holdings is $163.43 per unit.

With VTV trading at a recent price near $144.53 per unit, that means that analysts see 13.08% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of VTV's underlying holdings with notable upside to their analyst target prices are Marathon Oil Corp. (Symbol: MRO), Devon Energy Corp. (Symbol: DVN), and Everest Group Ltd (Symbol: EG). Although MRO has traded at a recent price of $27.33/share, the average analyst target is 20.36% higher at $32.89/share. Similarly, DVN has 18.59% upside from the recent share price of $50.93 if the average analyst target price of $60.40/share is reached, and analysts on average are expecting EG to reach a target price of $430.44/share, which is 13.22% above the recent price of $380.17. Below is a twelve month price history chart comparing the stock performance of MRO, DVN, and EG:

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Below is a summary table of the current analyst target prices discussed above:

Name Symbol Recent Price Avg. Analyst 12-Mo. Target % Upside to Target
Vanguard Value ETF VTV $144.53 $163.43 13.08%
Marathon Oil Corp. MRO $27.33 $32.89 20.36%
Devon Energy Corp. DVN $50.93 $60.40 18.59%
Everest Group Ltd EG $380.17 $430.44 13.22%

Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.

10 ETFs With Most Upside To Analyst Targets »

Also see:
• Convertible Preferred Stocks
• AES YTD Return
• LUNG Historical Stock Prices

BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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