Analysts Predict Upswing for Vanguard Growth ETF and Holdings

The report presents an optimistic outlook for the Vanguard Russell 1000 Growth ETF, showing an implied 12.51% upside. Underlying assets like Bright Horizons, Bentley Systems, and UiPath also boast significant potential gains, suggesting positive trends for investors.

Date: 19-12-2024

AI Rating: 7

The report provides an optimistic outlook regarding the Vanguard Russell 1000 Growth ETF (VONG) and its underlying holdings: Bright Horizons Family Solutions, Inc (BFAM), Bentley Systems Inc (BSY), and UiPath Inc (PATH). The predicted analyst target price for VONG is $116.78 per unit, compared to its recent trading price of $103.79, indicating a 12.51% upside.

Specifically, the underlying holdings have notable upside potentials as well. Bright Horizons (BFAM) trades at $105.03, while analysts have set an average target price at $139.90, resulting in an impressive 33.20% upside. Bentley Systems (BSY) has a recent price of $47.18 against an average target price of $60.00, forecasting a 27.17% upside. Lastly, UiPath (PATH) shows future potential as it trades at $12.97, with a target price of $15.50, representing a 19.51% upside.

While these projections underline optimism in future gains, investors should exercise caution. High price targets can often lead to eventual target price revisions downwards, particularly if expectations prove overly optimistic. Thus, it is advisable for investors to consider recent developments affecting these companies and the broader market conditions to determine whether these targets are justified.

Stocks: VONG BFAM BSY PATH