Implied SPLG Analyst Target Price: $67
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2024
0mins
Source: NASDAQ.COM
- ETF Analyst Target Prices:
- ETF holdings compared to analyst target prices.
- Implied analyst target price for SPDR Portfolio S&P 500 ETF (SPLG) is $67.47 per unit.
- SPLG has 9.62% upside based on average analyst targets of its holdings.
- Notable upside seen in holdings like BRK.B, VTRS, and APD.
- Analysts' justifications for targets and potential impact on future stock performance discussed.
Analyst Views on APD
Wall Street analysts forecast APD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for APD is 283.00 USD with a low forecast of 245.00 USD and a high forecast of 345.00 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.
15 Analyst Rating
6 Buy
9 Hold
0 Sell
Moderate Buy
Current: 264.040
Low
245.00
Averages
283.00
High
345.00
Current: 264.040
Low
245.00
Averages
283.00
High
345.00
About APD
Air Products and Chemicals, Inc. is an industrial gases company. The Company is focused on serving energy, environmental, and emerging markets. Its base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. In addition, the Company provides turbomachinery, membrane systems and cryogenic containers globally. The Company has operations in approximately 50 countries. Its industries include aerospace, analytical labs & research/science, automotive, beverages, bioenergy, biotechnology, cement and lime, chemicals, electronics, food, glass and frit, hydrogen energy, medical, metals and materials processing, metals production, medical and others.
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.
