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Analysts See Upside for IJH and Key Holdings PBF, ORA, UMBF

Analysts predict a 15.21% upside for the iShares Core S&P Mid-Cap ETF (IJH) with significant potential in its holdings like PBF Energy (32.24% upside), Ormat Technologies (30.56%), and UMB Financial (23%). Investors should monitor analyst sentiments on these stocks.

Date: 
AI Rating:   7

Evaluating Analyst Target Prices

The report provides key insights into analyst target prices for the iShares Core S&P Mid-Cap ETF (Symbol: IJH) and its underlying holdings. IJH is currently trading at $63.94, with a notable upside of 15.21%, as the average analyst target is $73.67 per unit.

Within the ETF, significant upside potential is noted for three companies: PBF Energy Inc (PBF), Ormat Technologies Inc (ORA), and UMB Financial Corp (UMBF). PBF is trading at $23.21, which is 32.24% below the average analyst target of $30.69/share. Ormat Technologies has also been highlighted, trading at $62.89 with a potential upside pegged at 30.56% towards a target price of $82.11/share. Lastly, UMBF's recent trading price of $112.56 shows 23% upside potential to the target price of $138.44/share.

The analysis reveals that while the price targets indicate optimism among analysts, they also raise questions regarding their validity against current market dynamics. The disparity between current prices and target prices could indicate either a strong belief in future growth or a risk of downgrades. Investors are urged to conduct their research and monitor how market changes could impact these expectations.