Analysts Forecast 10% Gains Ahead For JHML
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 13 2024
0mins
Source: NASDAQ.COM
ETF Analysis: The John Hancock Multifactor Large Cap ETF (JHML) has an implied analyst target price of $79.47, indicating a potential upside of 9.59% from its current trading price of $72.52.
Stock Performance Insights: Notable underlying holdings such as Royal Gold Inc, Globus Medical Inc, and Performance Food Group Co show significant upside potential based on analysts' target prices, raising questions about the validity and optimism of these targets.
Analyst Views on PFGC
Wall Street analysts forecast PFGC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFGC is 119.13 USD with a low forecast of 105.00 USD and a high forecast of 130.00 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.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 94.220
Low
105.00
Averages
119.13
High
130.00
Current: 94.220
Low
105.00
Averages
119.13
High
130.00
About PFGC
Performance Food Group Company is a food and foodservice distribution company. The Company operates through three segments: Foodservice, Vistar, and Convenience. Its Foodservice segment distributes a line of national brands, customer brands, and its proprietary-branded food and food-related products to independent and multi-unit chain restaurants and other institutions. Its Vistar segment specializes in distributing candy, snacks, beverages, and other items nationally to vending, office coffee service, theater, retail, hospitality, and other channels. Its Convenience segment distributes candy, snacks, beverages, cigarettes, other tobacco products, food and foodservice related products and other items to convenience stores across North America. It markets and distributes over 250,000 food and food-related products to customers across the United States from approximately 144 distribution facilities to over 300,000 customer locations in the food-away-from-home industry.
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.
