Analysts Expect FNX Will Reach $130
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Analyst Target Prices: The First Trust Mid Cap Core AlphaDEX Fund ETF (FNX) has an implied analyst target price of $130.29 per unit, indicating a potential upside of 10.33% from its current trading price of $118.09.
Individual Stock Upside Potential: Notable underlying holdings such as Unum Group, Mattel Inc, and Vontier Corp show significant upside potential based on analyst targets, with expected increases of 18.31%, 15.19%, and 14.32% respectively from their recent prices.
Analyst Views on FNX
Wall Street analysts forecast FNX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FNX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 135.365
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Current: 135.365
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
