Vanguard High Dividend ETF Shows 9.75% Upside Potential

Analysts optimistic about Vanguard High Dividend Yield ETF, forecasting a 9.75% upside based on a target price of $145.91, significantly higher than its current trading price of $132.94.

Date: 22-01-2025

AI Rating: 7

Analyst Target Price Outlook
The report presents a favorable outlook for the Vanguard High Dividend Yield ETF (VYM) with a target price of $145.91, indicating a potential upside of 9.75% from its current price of $132.94. This upward potential suggests that analysts are optimistic about the ETF's performance over the next 12 months.

Underlying Holdings Performance
Among the underlying holdings, CVB Financial Corp (CVBF) is projected to have an 11.53% upside, with a target price of $23.14 compared to its current price of $20.75. Similarly, Newell Brands Inc (NWL) shows an 11.33% upside potential, with analysts forecasting a price of $11.40 from the recent price of $10.24. H & R Block, Inc. (HRB) also presents an upside of 10.42%, with a target price of $60.67 compared to its recent price of $54.94.

The substantial upside for these underlying stocks lends further support to the overall positive outlook for VYM itself. Investors may interpret this as a sign to consider the ETF and its components for potential inclusion in their portfolios, provided they conduct their own research.

Conclusion
The report suggests that while analysts exhibit optimism towards the stocks and the ETF, investors should remain cautious and conduct detailed analyses to determine if these target price forecasts align with market realities.

Stocks: VYM CVBF NWL HRB