Avantis Inflation Focused Equity ETF (AVIE) Analysts Predict 14% Gain Potential

The Avantis Inflation Focused Equity ETF (AVIE) has an implied analyst target price of $69.64 per unit, with a recent trading price of $61.35. Analysts see a 13.50% upside for the ETF. Three underlying holdings with notable upside to their analyst target prices are KLX Energy Services Holdings Inc (KLXE), Olympic Steel Inc. (ZEUS), and Orion SA (OEC), with potential gains of 218.18%, 51.93%, and 34.63%, respectively.

Analysts have set a 13.50% upside target for the Avantis Inflation Focused Equity ETF (AVIE), with an implied analyst target price of $69.64 per unit, as compared to its recent trading price of $61.35. This optimism is driven by notable upside potential in three of AVIE's underlying holdings: KLX Energy Services Holdings Inc (KLXE), Olympic Steel Inc. (ZEUS), and Orion SA (OEC).

KLXE stands out with a potential gain of 218.18% from its recent share price. ZEUS is expected to appreciate by 51.93%, and OEC by 34.63%. These significant upside targets suggest that analysts believe these companies will perform exceptionally well over the next 12 months.

However, it is essential to consider whether these targets are justified or overly optimistic. High price targets relative to current trading prices can reflect optimism about future performance but may also indicate that analysts are behind the curve on recent developments. Investors should conduct further research to determine the validity of these targets and assess the potential risks and rewards.

References:
[1] https://www.nasdaq.com/articles/implied-oney-analyst-target-price-120
[2] https://www.nasdaq.com/articles/implied-ntsx-analyst-target-price-53