Analysts See $68 Price Target for JHMM ETF, with 10% Upside

The John Hancock Multifactor Mid Cap ETF (JHMM) is expected to reach $68.32 per unit, based on analyst 12-month forward target prices of its underlying holdings. This represents a 10.01% upside from its recent price of $62.10. Analysts expect 19.39% upside for Ralliant Corp (RAL), 16.78% for Mobileye Global Inc (MBLY), and 12.57% for Group 1 Automotive, Inc. (GPI) based on their average analyst target prices.

Analysts have provided optimistic forward target prices for several key financial instruments, suggesting significant upside potential for investors. The John Hancock Multifactor Mid Cap ETF (JHMM) is expected to reach $68.32 per unit, representing a 10.01% increase from its recent price of $62.10 [1]. This prediction is based on the average analyst 12-month forward target prices of the ETF's underlying holdings.

Ralliant Corp (RAL) is also anticipated to experience substantial growth, with analysts projecting a 19.39% upside from its current price [3]. Mobileye Global Inc (MBLY) is expected to rise by 16.78%, while Group 1 Automotive, Inc. (GPI) is forecasted to increase by 12.57% [3].

These projections highlight the growing confidence of analysts in the long-term potential of these investments. However, investors should remain cautious and conduct thorough research before making any investment decisions.

References:

[1] https://proinvestor.com/investornyt/1340593/how-the-parts-add-up-jhmm-headed-for-68
[2] https://en.coinotag.com/us-bitcoin-etf-sees-potential-institutional-inflows-surpassing-1-billion-amid-price-near-all-time-high/
[3] https://www.investing.com/news/analyst-ratings/cowen-initiates-ralliant-stock-with-buy-rating-sets-64-price-target-93CH-4135134
[4] https://www.gurufocus.com/news/2981386/mobileye-global-mbly-price-target-raised-by-barclays-analyst-mbly-stock-news