AltShares Merger Arbitrage ETF Rating

$26.84
+0.02 (+0.07%)
(As of 05/8/2024 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
2.16

Holdings in ARB have an aggregate rating of Hold based on 251 analyst ratings issued in the past year covering 28 companies (60.0% of the portfolio).

ARB Aggregate Price Target

$26.50
-1.26% Downside
High Prediction$31.40
Average Prediction$26.50
Low Prediction$21.55

Holdings in ARB have an aggregate price target of $26.50 and a range of $21.55 to $31.40 covering 28 companies (60.0% 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
22 Hold rating(s)
Reduce
4 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 28 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
4 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%
2 of 5 stars
2.13$10.47 -6.9%8Upcoming Earnings
High Trading Volume
3.61%
Splunk Inc.d stock logo
SPLK
Splunk
$156.90
1 of 5 stars
2.18$135.31 -13.8%28
3.57%
Hess Co.d stock logo
HES
Hess
$157.66
-0.5%
4 of 5 stars
2.40$177.42 12.5%10Options Volume
3.52%
Catalent, Inc.d stock logo
CTLT
Catalent
$56.18
-0.6%
3 of 5 stars
2.15$52.46 -6.6%13News Coverage
3.40%
ANSYS, Inc.d stock logo
ANSS
ANSYS
$326.96
+0.6%
4 of 5 stars
1.88$320.00 -2.1%8Analyst Forecast
2.74%
M.D.C. Holdings, Inc.d stock logo
MDC
M.D.C.
$62.98
2 of 5 stars
1.80$52.13 -17.2%5
2.74%
Axonics, Inc.d stock logo
AXNX
Axonics
$67.32
-0.1%
3 of 5 stars
2.38$70.73 5.1%13Analyst Forecast
2.70%
Masonite International Co.d stock logo
DOOR
Masonite International
$132.62
0.0%
1 of 5 stars
2.33$116.89 -11.9%9Earnings Report
2.68%
Juniper Networks, Inc.d stock logo
JNPR
Juniper Networks
$34.59
+0.3%
4 of 5 stars
2.17$34.55 -0.1%12
2.64%
Cerevel Therapeutics Holdings, Inc.d stock logo
CERE
Cerevel Therapeutics
$42.06
-0.5%
0 of 5 stars
2.11$42.67 1.4%9Positive News
2.08%
Everbridge, Inc.d stock logo
EVBG
Everbridge
$34.77
3 of 5 stars
1.90$29.00 -16.6%10Upcoming Earnings
2.04%
Enerplus Co.d stock logo
ERF
Enerplus
$20.03
+0.9%
2 of 5 stars
2.80$21.69 8.3%5Analyst Forecast
News Coverage
2.00%
VIZIO Holding Corp.d stock logo
VZIO
VIZIO
$10.48
-0.5%
2 of 5 stars
1.91$10.77 2.8%11
1.89%
Discover Financial Servicesd stock logo
DFS
Discover Financial Services
$123.60
0.0%
5 of 5 stars
2.39$126.29 2.2%18Analyst Revision
1.88%
Capri Holdings Limitedd stock logo
CPRI
Capri
$36.71
-0.7%
4 of 5 stars
2.00$49.25 34.2%10Positive News
1.86%
Southwestern Energyd stock logo
SWN
Southwestern Energy
$7.26
-1.6%
4 of 5 stars
2.14$8.14 12.2%14Earnings Report
Analyst Forecast
Analyst Revision
1.82%
United States Steel Co.d stock logo
X
United States Steel
$38.36
+0.6%
3 of 5 stars
2.22$38.00 -0.9%9Dividend Announcement
Analyst Upgrade
1.39%
SP Plus Co.d stock logo
SP
SP Plus
$51.53
+0.1%
0 of 5 stars
2.00$52.00 0.9%2Analyst Forecast
Analyst Revision
1.39%
Haynes International, Inc.d stock logo
HAYN
Haynes International
$59.34
-0.2%
4 of 5 stars
2.00$60.00 1.1%2
1.36%
Amedisys, Inc.d stock logo
AMED
Amedisys
$94.08
+1.9%
3 of 5 stars
2.13$100.80 7.1%8
1.35%
HireRight Holdings Co.d stock logo
HRT
HireRight
$14.33
-0.2%
0 of 5 stars
2.40$12.50 -12.8%5Analyst Upgrade
1.31%
Olink Holding AB (publ)d stock logo
OLK
Olink Holding AB (publ)
$23.47
+1.1%
1 of 5 stars
2.00$26.00 10.8%4Positive News
1.29%
Hawaiian Holdings, Inc.d stock logo
HA
Hawaiian
$13.14
+5.1%
0 of 5 stars
2.00$11.33 -13.7%3Options Volume
Gap Up
1.01%
McGrath RentCorpd stock logo
MGRC
McGrath RentCorp
$110.17
+0.2%
5 of 5 stars
3.00$116.00 5.3%1Analyst Forecast
0.99%
WestRockd stock logo
WRK
WestRock
$51.81
+0.4%
4 of 5 stars
2.20$47.60 -8.1%5Earnings Report
Analyst Forecast
Insider Selling
0.73%
Eagle Bulk Shipping Inc.d stock logo
EGLE
Eagle Bulk Shipping
$62.60
2 of 5 stars
2.00$56.75 -9.3%6
0.69%
Carrols Restaurant Group, Inc.d stock logo
TAST
Carrols Restaurant Group
$9.53
3 of 5 stars
2.00$8.87 -7.0%3Analyst Forecast
This page (NYSEARCA:ARB) was last updated on 5/9/2024 by MarketBeat.com Staff

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