Analysts predict the SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) to reach $144, with a 14.50% upside from its current trading price of $125.40. Holdings with notable upside to their analyst target prices include Anika Therapeutics Inc. (ANIK), SFL Corporation Ltd (SFL), and Radiant Logistics, Inc. (RLGT). Analysts see 64.47%, 55.17%, and 53.47% upside for these stocks, respectively.
Analysts are predicting a significant upside for the SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), with a target price of $144, representing a 14.50% increase from its current trading price of $125.40. This forecast suggests a robust performance outlook for the ETF, which is designed to track the performance of U.S. small-cap stocks with low volatility.
Among the holdings within the SMLV, several companies are expected to exhibit notable upside to their analyst target prices. Anika Therapeutics Inc. (ANIK), SFL Corporation Ltd (SFL), and Radiant Logistics, Inc. (RLGT) are highlighted for their potential growth. Analysts see a 64.47% upside for ANIK, a 55.17% upside for SFL, and a 53.47% upside for RLGT, indicating strong optimism for these stocks.
SFL Corporation Ltd, in particular, has garnered attention with its recent announcement of a stable quarterly dividend of $0.27 per share, resulting in a forward yield of 12.39%. Analysts foresee a potential 28.38% upside with a target price of $11.40, while GuruFocus estimates a 33.78% upside based on its GF Value [2].
Investors should consider these forecasts alongside the broader market trends and their own investment objectives. The performance of SMLV and its holdings may be influenced by various factors, including market conditions, sector-specific dynamics, and company-specific developments. As always, thorough due diligence is recommended before making any investment decisions.
References:
[1] https://seekingalpha.com/article/4788137-disv-good-etf-for-international-small-cap-value-exposure
[2] https://www.gurufocus.com/news/2870390/sfl-declares-consistent-quarterly-dividend-of-027?mod=mw_quote_news&r=4bf001661e6fdd88d0cd7a5659ff9748
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