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JHMM ETF Implied Analyst Target Price $69.99: 12.58% Upside
ByAinvest
Wednesday, Aug 6, 2025 7:11 am ET1min read
The John Hancock Multifactor Mid Cap ETF (JHMM) has a weighted average implied analyst target price of $69.99, with a 12.58% upside from its recent price of $62.17. Analysts see significant upside potential for the ETF's underlying holdings, including Carvana Co (CVNA), Aramark (ARMK), and Zebra Technologies Corp (ZBRA).
Analysts have identified significant upside potential in the John Hancock Multifactor Mid Cap ETF (JHMM), with a weighted average implied analyst target price of $69.99, representing a 12.58% increase from its recent trading price of $62.17 [1]. This optimism is driven by the strong performance expectations for several of the ETF's underlying holdings, including Carvana Co (CVNA), Aramark (ARMK), and Zebra Technologies Corp (ZBRA).Carvana Co, with a recent share price of $350.74, has an average analyst target price of $398.83, indicating a 13.71% upside [1]. Aramark, trading at $39.56, has an average analyst target of $44.96, representing a 13.65% increase [1]. Zebra Technologies Corp, currently at $302.60, has an average analyst target of $342.29, which is a 13.11% rise [1].
Institutional investors have also shown growing interest in Carvana. Mackenzie Financial Corp increased its stake in Carvana by 25.2% during the first quarter, indicating a significant boost in confidence in the company's prospects [2]. This trend is supported by multiple other institutional investors who have also increased their positions in Carvana, suggesting a collective optimism about the stock's future performance.
While analysts' targets are generally optimistic, the actual performance of these stocks and the ETF will depend on various factors, including company-specific developments, market conditions, and broader economic trends. Investors should conduct thorough research to assess the validity of these targets and make informed decisions.
References:
[1] https://www.nasdaq.com/articles/look-under-hood-jhmm-has-13-upside
[2] https://www.marketbeat.com/instant-alerts/filing-mackenzie-financial-corp-has-148-million-stock-position-in-carvana-co-nysecvna-2025-08-05/
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