Analysts See Up to 11.07% Upside for Key Industrial ETFs

Analysts predict a notable upside for Industrial Select Sector SPDR Fund ETF (XLI) and its holdings, suggesting a higher price target. Investors should consider potential implications on stock performance.

Date: 21-01-2025

AI Rating: 7

The report highlights the Industrial Select Sector SPDR Fund ETF (XLI) trading at $137.75, with a weighted average implied analyst target price of $151.83. This suggests a potential upside of 10.22%, indicating a favorable outlook for the ETF based on analyst projections.

Key Holdings and Their Upsides: Three major underlying holdings of XLI show significant upside potential. Generac Holdings Inc (GNRC) is currently priced at $161.24, with an estimated target price of $179.09, representing an 11.07% upside. Waste Management, Inc. (WM) is trading at $211.71, with a target of $234.78, indicating a 10.90% upside. Lastly, Dover Corp (DOV) trades at $195.08, expected to reach a target of $215.50, reflecting a 10.47% potential increase.

This analysis reveals an optimistic sentiment from analysts towards these stocks, suggesting they may be undervalued based on their projected target prices. However, there are underlying risks that could affect stock prices, such as industry developments or shifts in economic conditions that could impact these firms. Investors are cautioned to conduct thorough research to assess whether analysts' target prices are realistic given the current market landscape and whether any recent developments may warrant adjustments to these targets.

Stocks: XLI GNRC WM DOV