First Trust Value Line Dividend Index Fund ETF Forecasts 10% Upside

Analysts predict a 10% upside for the First Trust Value Line Dividend Index Fund ETF (FVD) based on its underlying holdings. The ETF is currently trading at $44.73 per unit, with an average analyst target price of $49.13 per unit. Three of FVD's underlying holdings with notable upside to their analyst target prices are Toyota Motor Corp, Manulife Financial Corp, and Shell plc.

Analysts have forecasted a 10% upside for the First Trust Value Line Dividend Index Fund ETF (FVD), based on the performance of its underlying holdings. The ETF is currently trading at $44.73 per unit, with an average analyst target price of $49.13 per unit [2].

Three of FVD's underlying holdings with notable upside to their analyst target prices are Toyota Motor Corp (TM), Manulife Financial Corp (MFC), and Shell plc (SHEL). Toyota Motor Corp has a recent share price of $170.02, with an average analyst target of $209.10, indicating a 22.99% upside [2]. Manulife Financial Corp has a recent share price of $30.25, with an average analyst target of $34.92, representing a 15.45% upside [2]. Shell plc has a recent share price of $70.40, with an average analyst target of $77.57, indicating a 10.18% upside [2].

The analysts' targets reflect optimism about the future performance of these companies, but investors should conduct further research to determine if these targets are justified or overly optimistic. A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past.

Shell plc, one of FVD's top holdings, recently reported a -1.66% move in its stock price, closing at $71.10. The company is expected to report earnings per share (EPS) of $1.44 for the upcoming quarter, down 26.9% from the prior-year quarter [3]. Despite this, Shell plc is currently trading at a Forward P/E ratio of 11.44, which is higher than the industry average of 11.14, suggesting that the stock may be undervalued relative to its growth prospects [3].

The First Trust Value Line Dividend Index Fund ETF (FVD) is a passively managed exchange-traded fund (ETF) that seeks to match the performance of the Value Line Dividend Index before fees and expenses. The ETF has an annual operating expense ratio of 0.61%, which is higher than some other ETFs in the space [1]. Despite this, the ETF has performed well, adding about 4.71% so far this year and up approximately 11.62% in the last one year [1].

Investors should consider the analyst targets, recent performance of the ETF and its underlying holdings, and the overall market conditions when making investment decisions. It is also important to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.

References:
[1] https://finance.yahoo.com/news/first-trust-value-line-dividend-102005555.html
[2] https://www.etfchannel.com/article/202507/analysts-forecast-10-upside-for-fvd-fvd-tm-mfc-shel-FVD07162025target.htm/
[3] https://finance.yahoo.com/news/shell-shel-stock-drops-despite-221503917.html