Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with PBF Energy Inc (Symbol: PBF). The average 12-month price target for PBF — averaging the work of 13 analysts — reveals an average price target of $12.46/share. Tha
In recent trading, shares of BJ's Wholesale Club Holdings Inc (Symbol: BJ) have crossed above the average analyst 12-month target price of $31.08, changing hands for $35.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react:
In recent trading, shares of Covetrus Inc (Symbol: CVET) have crossed above the average analyst 12-month target price of $14.33, changing hands for $15.13/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
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 itse
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 itse
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 itse
The coronavirus pandemic, which has infected more than five million people globally, has resulted in drastic changes in lifestyle and preferences of people so as to abide by social distancing measures. The pandemic that has already claimed lives of more than 93,000 people in the
Markets Media caught up with Steve Oh, Head of ETF Listings and Business Development at Nasdaq, to discuss exchange-traded funds (ETFs) amid COVID-19 and recent market volatility.
The coronavirus pandemic continues to hammer the U.S. economy, largely due to the shutdown of economic activities to fight the outbreak. The April data on U.S. housing starts and building permits reflects significant decline in U.S. homebuilding (per a Reuters article). Accordi
There has been growing awareness about environmental, social and governance (ESG) among companies marked by continued technological advancement and digital revolution. Moreover, since the pre-pandemic period, investors appear to be bothered about the future of the environment
When the first cloud computing exchange traded fund debuted nearly nine years ago, some critics were certain this was too much of a good thing in the niche-y ETF space.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Gold Trust, which added 22,400,000 units, or a 1.6% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) where we have detected an approximate $170.2 million dollar outflow -- that's a 0.8% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Energy ETF (Symbol: VDE) where we have detected an approximate $149.5 million dollar inflow -- that's a 5.2% increase week over week in ou
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the (Symbol: QQQ) where we have detected an approximate $2.0 billion dollar inflow -- that's a 1.9% increase week over week in outstanding units (from