Analysts Expect 10% Gains Ahead For FMDE
ETF Analyst Target Insights: The Fidelity Enhanced Mid Cap ETF (FMDE) has an implied analyst target price of $37.15 per unit, indicating a potential upside of 10.09% from its current trading price of $33.74.
Notable Holdings with Upside Potential: Key underlying holdings such as Crown Holdings Inc, Tenet Healthcare Corp., and Tradeweb Markets Inc show significant upside potential based on analysts' target prices, suggesting that further investor research is needed to assess the validity of these targets.
Trade with 70% Backtested Accuracy
Analyst Views on FMDE
About the author

ETF Analysis: The Fidelity Enhanced Mid Cap ETF (FMDE) has an implied analyst target price of $41.58, indicating a potential upside of 17.99% from its current trading price of $35.24.
Notable Holdings: Key underlying holdings with significant upside potential include Rocket Companies Inc (RKT), Teleflex Incorporated (TFX), and Citizens Financial Group Inc (CFG), with expected price increases of 25.56%, 22.22%, and 21.14% respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they are based on outdated information.
Investor Research: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
ETF Performance Analysis: The Fidelity Enhanced Mid Cap ETF (FMDE) has an implied analyst target price of $40.73, indicating a potential upside of 14.05% from its current trading price of $35.71.
Notable Holdings: Key underlying holdings of FMDE, such as International Flavors & Fragrances Inc. (IFF), Eastman Chemical Co (EMN), and Applied Industrial Technologies, Inc. (AIT), show significant upside potential based on analyst target prices.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they are based on outdated information.
Investor Research Importance: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
FMDE Share Price Analysis: FMDE's share price is currently at $35.90, with a 52-week low of $26.9275 and a high of $36.5999, indicating a relatively stable position within its trading range.
ETFs Trading Dynamics: Exchange traded funds (ETFs) function like stocks, allowing investors to buy and sell units that can be created or destroyed based on demand, impacting the underlying assets held within the ETFs.
ETF Performance Overview: The Fidelity Enhanced Mid Cap ETF (FMDE) has an implied analyst target price of $39.86, indicating a potential upside of 10.76% from its current trading price of $35.99.
Notable Holdings and Upside Potential: Key underlying holdings such as Amcor plc, Dynatrace Inc, and Tradeweb Markets Inc show significant upside potential, with target prices suggesting increases of 34.91%, 32.40%, and 31.09% respectively from their recent trading prices.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to downgrades if they are based on outdated information.
Investor Research Recommendation: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
ETF Performance Analysis: The Fidelity Enhanced Mid Cap ETF (FMDE) has an implied analyst target price of $39.16, indicating a potential upside of 12.73% from its current trading price of $34.74.
Individual Holdings Upside Potential: Notable underlying holdings such as Brightstar Lottery PLC, Brixmor Property Group Inc, and Tradeweb Markets Inc show significant upside to their respective analyst target prices, raising questions about the validity of these targets amidst market conditions.
FMDE Share Price Analysis: FMDE's share price is currently at $35.26, within a 52-week range of $26.9275 to $35.4376, and technical analysis using the 200-day moving average can provide further insights.
Understanding ETFs: Exchange traded funds (ETFs) operate like stocks but involve trading "units," which can be created or destroyed based on investor demand, impacting the underlying holdings significantly during notable inflows or outflows.








