Analysts Anticipate 13% Upside For The Holdings of ADRD

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the BLDRS Developed Markets 100 ADR Index Fund ETF ( ADRD), we found that the implied analyst target price for the ETF based upon its underlying holdings is $21.92 per unit.

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With ADRD trading at a recent price near $19.33 per unit, that means that analysts see 13.39% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of ADRD's underlying holdings with notable upside to their analyst target prices are ( TI), Flamel Technologies S.A. ( FLML), and Amarin Corp plc ( AMRN). Although TI has traded at a recent price of $7.35/share, the average analyst target is 142.18% higher at $17.80/share. Similarly, FLML has 122.06% upside from the recent share price of $10.47 if the average analyst target price of $23.25/share is reached, and analysts on average are expecting AMRN to reach a target price of $6.62/share, which is 96.01% above the recent price of $3.38. Below is a twelve month price history chart comparing the stock performance of TI, FLML, and AMRN:

TI, FLML, and AMRN Relative Performance Chart

Below is a summary table of the current analyst target prices discussed above:

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