Surprising Analyst 12-Month Target For IYG
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Target Price Analysis: The iShares U.S. Financial Services ETF (IYG) has an implied analyst target price of $93.32, indicating a potential upside of 9.58% from its current trading price of $85.16.
Individual Stock Upside Potential: Notable underlying holdings such as Affiliated Managers Group (AMG), Schwab Corp (SCHW), and Cullen/Frost Bankers (CFR) show significant upside potential, with expected increases of 11.22%, 10.64%, and 10.10% respectively based on analyst targets.
Analyst Views on AMG
Wall Street analysts forecast AMG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMG is 388.50 USD with a low forecast of 295.00 USD and a high forecast of 485.00 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.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 329.570
Low
295.00
Averages
388.50
High
485.00
Current: 329.570
Low
295.00
Averages
388.50
High
485.00
About AMG
Affiliated Managers Group, Inc. is a global independent investment management company. The Company is focused on investing in a range of partner-owned investment firms, known as Affiliates. Its Affiliates provide a diverse range of differentiated investment strategies designed to assist institutional and wealth clients worldwide in achieving their investment objectives. Its Affiliates also provide investment management and customized investment counseling and fiduciary services to high-net worth individuals and families and institutional clients. It manages its assets across a range of private markets, liquid alternative and differentiated long-only investment strategies. The Company’s Affiliates operate in a diverse number of areas with long-term structural tailwinds, including infrastructure, credit, private market solutions, and specialty areas including industrial decarbonization, life sciences, and multifamily real estate.
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.
