Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price. From this, we computed the weighted average implied analyst target price for the ETF itself.
For the SPDR S&P 400 Mid Cap Growth ETF (Symbol: MDYG), we found that the implied analyst target price based on its underlying holdings is $105.55 per unit. With MDYG trading recently near $91.33 per unit, this implies that analysts see a potential upside of 15.56% for this ETF, based on the average analyst targets of its underlying holdings.
Three of MDYG’s underlying holdings with notable upside potential to their analyst target prices include Morningstar Inc (Symbol: MORN), TransUnion (Symbol: TRU), and Light & Wonder Inc (Symbol: LNW).
– Morningstar Inc (MORN) has recently traded at $219.76 per share, while the average analyst target price is substantially higher at $315.00 per share, representing an upside of 43.34%.
– TransUnion (TRU) has a recent share price of $79.45, with analysts expecting it to reach an average target price of $107.56 per share, offering a potential gain of 35.37%.
– Light & Wonder Inc (LNW) is currently priced at $78.04 per share, with an average analyst target price of $105.54, indicating an upside of 35.24%.
Below is a summary table of the current analyst target prices for the ETF and the highlighted holdings:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|————————————-|——–|————–|—————————-|——————–|
| SPDR S&P 400 Mid Cap Growth ETF | MDYG | $91.33 | $105.55 | 15.56% |
| Morningstar Inc | MORN | $219.76 | $315.00 | 43.34% |
| TransUnion | TRU | $79.45 | $107.56 | 35.37% |
| Light & Wonder Inc | LNW | $78.04 | $105.54 | 35.24% |
Are analysts justified in these targets, or are they overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have valid reasons for their targets, or are they lagging behind recent company and industry developments?
A high price target relative to a stock’s current trading price can reflect genuine optimism about the future. However, it can also signal the possibility of target price downgrades if the current targets are based on outdated information.
These questions warrant further investor research and careful consideration before making investment decisions.
—
**Related Articles & Resources:**
– [10 ETFs With Most Upside To Analyst Targets »](#)
– CGG Options Chain
– SRFM Average Annual Return
– SNY Shares Outstanding History
*Disclaimer:* The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/math-shows-mdyg-can-go-106
