CCM Global Equity ETF Analyst Price Target Shows Promising Upside

CCM Global Equity ETF shows a potential upside of 10.33% as analysts set the 12-month target price at $30.11, higher than its recent trading price of $27.29. The report raises questions about whether analysts are justified in their optimistic outlook.

Date: 10-01-2025

AI Rating: 7

Analyst Targets and Potential Upside
The report highlights the implied analyst target price for CCM Global Equity ETF (CCMG) at $30.11, suggesting an upside of 10.33% from its recent trading price of $27.29. This is promising for investors, as it indicates potential growth based on analyst confidence in underlying holdings.

Underlyings with Notable Upside
The analysis identifies three key underlying holdings contributing to CCMG's upside potential: Avantis Real Estate ETF (AVRE), Kroger Co (KR), and Hershey Company (HSY). Despite the ambiguity of AVRE's target price, both KR and HSY show substantial upside of 11.49% and 11.07%, respectively.

Market Sentiment and Risks
The text raises questions about whether analysts are justified in their target prices or if they are overly optimistic. While a higher analyst price target relative to the current trading price can signify optimism, it can also hint at potential downgrades if the targets do not align with recent market developments. Investors are encouraged to conduct further research into these stocks.

Stocks: CCMG AVRE KR HSY