Emerging Market ETFs Surge: International and emerging-market ETFs on U.S. exchanges reached new 52-week highs due to strong capital flows, attractive valuations, and increased investor interest in non-U.S. markets.
Notable ETF Performances: The BNY Mellon Emerging Markets Equity ETF (BKEM) and JPMorgan BetaBuilders Europe ETF (BBEU) both saw significant recoveries, with BKEM hitting around $69.82 and BBEU reaching $69.67, driven by technical momentum and low expense ratios.
Record Inflows into EM Assets: Emerging market stock and bond inflows totaled $55.5 billion in July, marking the second-largest monthly inflow in four years, as investors seek opportunities amid concerns over U.S. fiscal policies.
Positive Economic Outlook for Africa: A report indicates that Sub-Saharan Africa's economy is expected to grow significantly, outpacing developed regions, while political unrest in the U.S. has led investors to favor emerging market assets for better yields.
Wall Street analysts forecast BBEM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BBEM 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.
0 Analyst Rating
Wall Street analysts forecast BBEM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BBEM 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: 67.740
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Current: 67.740
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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.
