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 iShares Real Estate 50 ETF (Symbol: FTY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $50.75 per unit.
With FTY trading at a recent price near $42.26 per unit, that means that analysts see 20.11% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of FTY's underlying holdings with notable upside to their analyst target prices are HCP, Inc. (Symbol: HCP), Hospitality Properties Trust (Symbol: HPT), and Vornado Realty Trust (Symbol: VNO). Although HCP has traded at a recent price of $28.33/share, the average analyst target is 36.65% higher at $38.71/share. Similarly, HPT has 34.19% upside from the recent share price of $22.17 if the average analyst target price of $29.75/share is reached, and analysts on average are expecting VNO to reach a target price of $106.62/share, which is 32.57% above the recent price of $80.43. Below is a twelve month price history chart comparing the stock performance of HCP, HPT, and VNO:
|Name||Symbol||Recent Price||Avg. Analyst 12-Mo. Target||% Upside to Target|
|iShares Real Estate 50 ETF||FTY||$42.26||$50.75||20.11%|
|Hospitality Properties Trust||HPT||$22.17||$29.75||34.19%|
|Vornado Realty Trust||VNO||$80.43||$106.62||32.57%|