ETF Target Price Analysis: The First Trust Value Line Dividend Index Fund ETF (FVD) has an implied analyst target price of $50.76, indicating a potential upside of 10.47% from its current trading price of $45.95.
Notable Holdings with Upside: Key underlying holdings of FVD, including Equity Residential (EQR), Unilever plc (UL), and Brady Corp (BRC), show significant upside potential, with target prices exceeding their recent trading prices by 15.08%, 14.28%, and 13.31%, respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to future downgrades if they do not align with recent developments.
Investor Research Importance: Investors are encouraged to conduct further research to assess the validity of analyst targets and their implications for future stock performance.
Wall Street analysts forecast FVD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FVD 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 FVD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FVD 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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0 Sell
Current: 47.460
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Current: 47.460
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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.
