Analysts See Upside for IJH, HAE, SLAB, and X Amid Price Targets

A report indicates analysts are optimistic about potential price increases for the iShares Core S&P Mid-Cap ETF and its underlying holdings, suggesting notable upside based on average analyst target prices. This could influence investor sentiment positively.

Date: 18-11-2024

AI Rating: 7

The report provides insights into the iShares Core S&P Mid-Cap ETF (IJH), revealing that analysts predict a target price of $70.89, representing a 10.47% upside from its recent trading price of $64.17. This positive outlook seems to suggest that investors may view the ETF favorably.

Focusing on the underlying holdings, specifically Haemonetics Corp. (HAE), Silicon Laboratories Inc. (SLAB), and United States Steel Corp. (X), the report mentions substantial upsides for each. HAE's recent price of $89.22 contrasts with an average analyst target of $109.78, indicating an upside potential of 23.04%. SLAB, priced recently at $100.60, has a target of $121.86, leading to an upside of 21.13%. X, trading at $35.83, has a target price of $42.94, reflecting an expected upside of 19.84%.

These projections are essential as they could influence investor strategy. The anticipated upsides indicate that analysts might be enthusiastic about these stocks' performance in the upcoming year. However, it's crucial to consider the possibility of these targets being overly optimistic, which could lead to downgrades if company circumstances or market conditions change.

Stocks: IJH HAE SLAB X