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AltShares Merger Arbitrage ETF Rating

$26.88
-0.01 (-0.04%)
(As of 05/31/2024 ET)

AltShares Merger Arbitrage ETF Aggregate Rating and Price Target (2024)

MarketBeat calculates the aggregate rating and price target for an ETF by considering the weight of each stock in its portfolio. These ratings and price targets are based on the most recent ratings given by Wall Street analysts over the past year. The aggregate rating reviews the ETF's overall performance and is categorized as strong sell, sell, reduce, hold, moderate buy, buy, or strong buy. The aggegreate price target represents the average potential upside for the consensus price target of individual holdings in the ETF.

ARB Aggregate Rating

Hold
2.17

Holdings in ARB have an aggregate rating of Hold based on 214 analyst ratings issued in the past year covering 25 companies (52.9% of the portfolio).

ARB Aggregate Price Target

$27.33
1.68% Upside
High Prediction$32.17
Average Prediction$27.33
Low Prediction$22.38

Holdings in ARB have an aggregate price target of $27.33 and a range of $22.38 to $32.17 covering 25 companies (52.9% of the portfolio).

ARB Consensus Ratings of Holdings

Strong Buy
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
Moderate Buy
1 Moderate Buy rating(s)
Hold
21 Hold rating(s)
Reduce
2 Reduce rating(s)
Sell
0 Sell rating(s)
Strong Sell
0 Strong Sell rating(s)

Ratings for Stocks Held by AltShares Merger Arbitrage ETF

 
 
Strong Sell
Sell
Reduce
Hold
Moderate Buy
Buy
Strong Buy

Ratings for the Top 25 ARB Holdings

Weight
In ETF
CompanyShare PriceMarketRank™Consensus Rating ScoreConsensus Price TargetPossible UpsideNumber of RatingsIndicator(s)View
Ratings
3.66%
Pioneer Natural Resourcesd stock logo
PXD
Pioneer Natural Resources
$269.62
1 of 5 stars
2.05$264.10 -2.0%20Analyst Forecast
3.62%
Tricon Residential Inc.d stock logo
TCN
Tricon Residential
$11.25
+0.2%
1 of 5 stars
2.13$10.47 -6.9%8High Trading Volume
3.57%
Hess Co.d stock logo
HES
Hess
$154.10
+2.6%
4 of 5 stars
2.40$178.08 15.6%10Short Interest ↑
3.52%
Catalent, Inc.d stock logo
CTLT
Catalent
$53.79
+0.3%
3 of 5 stars
2.17$53.14 -1.2%12Analyst Forecast
High Trading Volume
3.40%
ANSYS, Inc.d stock logo
ANSS
ANSYS
$317.45
-0.8%
4 of 5 stars
1.88$320.00 0.8%8Positive News
2.74%
Axonics, Inc.d stock logo
AXNX
Axonics
$67.09
-0.1%
3 of 5 stars
2.38$70.30 4.8%13Short Interest ↑
Positive News
2.70%
Masonite International Co.d stock logo
DOOR
Masonite International
$132.84
1 of 5 stars
2.33$116.89 -12.0%9
2.68%
Juniper Networks, Inc.d stock logo
JNPR
Juniper Networks
$35.67
+1.5%
4 of 5 stars
2.17$34.55 -3.2%12Positive News
High Trading Volume
2.64%
Cerevel Therapeutics Holdings, Inc.d stock logo
CERE
Cerevel Therapeutics
$40.74
+0.2%
0 of 5 stars
2.11$42.67 4.7%9Short Interest ↑
News Coverage
2.08%
Everbridge, Inc.d stock logo
EVBG
Everbridge
$34.76
-0.1%
3 of 5 stars
1.90$29.75 -14.4%10Analyst Forecast
2.04%
Enerplus Co.d stock logo
ERF
Enerplus
$20.09
1 of 5 stars
2.50$21.87 8.9%6Analyst Forecast
Short Interest ↑
News Coverage
2.00%
VIZIO Holding Corp.d stock logo
VZIO
VIZIO
$10.74
+0.8%
2 of 5 stars
2.00$10.77 0.3%11Analyst Upgrade
1.89%
Discover Financial Servicesd stock logo
DFS
Discover Financial Services
$122.66
+1.3%
5 of 5 stars
2.39$126.29 3.0%18Analyst Forecast
Short Interest ↓
Analyst Revision
Positive News
High Trading Volume
1.88%
Capri Holdings Limitedd stock logo
CPRI
Capri
$34.55
+2.1%
3 of 5 stars
2.00$49.58 43.5%11Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
1.86%
Southwestern Energyd stock logo
SWN
Southwestern Energy
$7.53
+1.9%
3 of 5 stars
2.14$8.25 9.6%14Analyst Forecast
1.82%
United States Steel Co.d stock logo
X
United States Steel
$38.35
+0.6%
4 of 5 stars
2.30$38.78 1.1%10Analyst Forecast
1.39%
SP Plus Co.d stock logo
SP
SP Plus
$53.99
+0.0%
0 of 5 stars
2.00$52.00 -3.7%2Analyst Forecast
Positive News
High Trading Volume
1.39%
Haynes International, Inc.d stock logo
HAYN
Haynes International
$58.82
+0.2%
3 of 5 stars
2.002Dividend Announcement
Analyst Forecast
1.36%
Amedisys, Inc.d stock logo
AMED
Amedisys
$91.15
-5.1%
4 of 5 stars
2.13$100.80 10.6%8Positive News
Gap Down
High Trading Volume
1.35%
HireRight Holdings Co.d stock logo
HRT
HireRight
$14.30
0 of 5 stars
2.40$13.00 -9.1%5Analyst Forecast
1.31%
Olink Holding AB (publ)d stock logo
OLK
Olink Holding AB (publ)
$23.95
-0.2%
0 of 5 stars
2.00$26.00 8.6%4Positive News
1.29%
Hawaiian Holdings, Inc.d stock logo
HA
Hawaiian
$13.66
+1.0%
0 of 5 stars
2.00$11.33 -17.0%3
1.01%
McGrath RentCorpd stock logo
MGRC
McGrath RentCorp
$108.98
+0.5%
4 of 5 stars
3.00$116.00 6.4%1Positive News
0.99%
WestRockd stock logo
WRK
WestRock
$53.64
-1.1%
4 of 5 stars
2.20$48.80 -9.0%5Analyst Forecast
News Coverage
Positive News
0.69%
Carrols Restaurant Group, Inc.d stock logo
TAST
Carrols Restaurant Group
$9.54
-0.1%
3 of 5 stars
2.00$9.55 0.1%3Positive News
High Trading Volume
This page (NYSEARCA:ARB) was last updated on 6/1/2024 by MarketBeat.com Staff

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