JPMorgan Fundamental Data Science Small Core ETF (SCDS) Implied Analyst Target Price of $67

The JPMorgan Fundamental Data Science Small Core ETF (SCDS) has an implied analyst target price of $66.73 per unit, with a recent price of $56.05. This suggests 19.07% upside potential. Three underlying holdings with notable upside are QuidelOrtho Corp (QDEL), Orion SA (OEC), and Mirum Pharmaceuticals Inc (MIRM), with target prices 55.38%, 35.23%, and 29.70% higher than their recent prices, respectively.

Analysts have provided insights into the future performance of two popular ETFs, the iShares S&P Small-Cap 600 Growth ETF (IJT) and the JPMorgan Fundamental Data Science Small Core ETF (SCDS). These target prices offer investors a glimpse into potential upside and highlight specific underlying holdings with notable upside.

For the iShares S&P Small-Cap 600 Growth ETF (IJT), analysts have set an implied target price of $155.88 per unit, suggesting a 14.70% upside from its recent trading price of $135.91 [1]. Three of IJT's underlying holdings—Enerpac Tool Group Corp (EPAC), Cars.com Inc (CARS), and Helmerich & Payne, Inc. (HP)—stand out for their significant upside potential. EPAC has an average analyst target price of $53.00 per share, 40.81% higher than its recent price of $37.64. Similarly, CARS has a 35.79% upside potential with an average analyst target of $17.08 per share compared to its recent price of $12.58. Helmerich & Payne, Inc. (HP) is expected to reach a target price of $22.79 per share, representing a 32.70% increase from its recent price of $17.17.

The JPMorgan Fundamental Data Science Small Core ETF (SCDS) also presents an interesting scenario. Analysts have set an implied target price of $66.73 per unit, suggesting a 19.07% upside from its recent price of $56.05. Among its underlying holdings, QuidelOrtho Corp (QDEL), Orion SA (OEC), and Mirum Pharmaceuticals Inc (MIRM) are notable for their significant target price increases. QDEL has a target price 55.38% higher than its recent price, OEC has a 35.23% upside, and MIRM has a 29.70% increase.

While these target prices indicate optimism about the future performance of these ETFs and their underlying holdings, investors should exercise caution. Analyst targets can be influenced by various factors, including recent company and industry developments. It is essential for investors to conduct thorough research and consider these factors before making investment decisions.

References:
[1] https://www.nasdaq.com/articles/implied-ijt-analyst-target-price-156
[2] https://www.theglobeandmail.com/investing/markets/stocks/ERO/pressreleases/33269355/best-value-stocks-to-buy-for-july-8th/