Analysts Forecast Upside for Small Cap Growth ETF SLYG

In a report, analysts predict a 13.81% upside for the SPDR S&P 600 Small Cap Growth ETF (SLYG) based on its average target price of $106.51. This suggests cautious optimism for investors looking at small-cap stocks.

Date: 30-01-2025

AI Rating: 7

Upside Potential in Analyst Targets
The report highlights potential upside for the SPDR S&P 600 Small Cap Growth ETF (SLYG). With the ETF currently trading at $93.59 per unit and the average analyst target price set at $106.51, there is an implied upside of 13.81%. This signals a favorable outlook among analysts for SLYG's underlying holdings.

The analysis further examines notable individual holdings within SLYG that exhibit significant upside potential. Nabors Industries Ltd (NBR) currently trades at $59.18, whereas the average analyst target is $86.22, presenting a substantial 45.69% upside. Adeia Inc (ADEA) at $13.06 shows a potential 25.06% upside, with its target set at $16.33. Lastly, Donnelley Financial Solutions Inc (DFIN) trading at $66.25 has an expected target price of $77.50, equating to a 16.98% upside.

This optimistic outlook on target prices is crucial for investors as it may indicate potential movements in stock prices for these underlying companies. Strong target prices suggest analysts believe in the growth prospects and performance of these companies over the next twelve months.

Overall, while the market reaction to these forecasts may vary, the report’s information is beneficial for investors looking to engage with ETFs focused on small-cap growth. Understanding the underlying potential of the holdings is essential, as high price targets could also signal underlying risks if analysts' expectations are not met.

Stocks: SLYG NBR ADEA DFIN