IJH's Underlying Holdings Imply 12.65% Upside Potential

The iShares Core S&P Mid-Cap ETF (IJH) has an implied analyst target price of $70.76 per unit, indicating a 12.65% potential gain. Three underlying holdings with notable upside to their analyst target prices are Lattice Semiconductor Corp (LSCC), PotlatchDeltic Corp (PCH), and Albertsons Companies Inc (ACI), with potential gains of 23.34%, 21.05%, and 19.34%, respectively. Analysts' optimism may be justified, but further research is necessary to determine if these targets are valid or a relic of the past.

The iShares Core S&P Mid-Cap ETF (IJH) has garnered significant attention from analysts, with an implied analyst target price of $70.76 per unit. This suggests a potential 12.65% gain, based on the average analyst 12-month forward target prices of its underlying holdings [1]. Among the notable holdings with substantial upside potential are Lattice Semiconductor Corp (LSCC), PotlatchDeltic Corp (PCH), and Albertsons Companies Inc (ACI), with potential gains of 23.34%, 21.05%, and 19.34%, respectively [1].

Lattice Semiconductor Corp (LSCC) has seen a significant increase in its analyst target price, with a current target of $63.58, a 22.04% increase from its recent share price [2]. The company's strong performance in the semiconductor industry, driven by trends in edge AI, 5G, robotics, and industrial automation, has contributed to this optimism. LSCC's low-power, cost-effective FPGAs have positioned the company well in the fast-growing FPGA market [2].

PotlatchDeltic Corp (PCH) and Albertsons Companies Inc (ACI) also exhibit substantial upside potential, with analyst targets of $49.38 and $24.50 per share, respectively [1]. PCH's recent share price of $40.79 suggests a 21.05% upside to its analyst target, while ACI's recent price of $20.53 indicates a 19.34% potential gain [1].

However, while analysts' optimism may be justified, further research is necessary to determine if these targets are valid or a relic of the past. A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past [1].

References:

[1] https://www.nasdaq.com/articles/ijhs-underlying-holdings-imply-13-gain-potential
[2] https://stockanalysis.com/stocks/lscc/