(SUOE) iShares € Bond ESG EUR - Ratings and Ratios

The iShares € Corp Bond ESG UCITS ETF EUR (Dist) is an exchange-traded fund that tracks the Morningstar EZN Corp Bd GR EUR index, providing investors with exposure to a diversified portfolio of European corporate bonds that adhere to certain environmental, social, and governance (ESG) criteria.

As a Swiss-listed ETF (Ticker Symbol: SUOE), it is designed to cater to investors seeking to invest in the European corporate bond market while aligning their investments with ESG principles. The fund distributes dividends in EUR, making it suitable for investors looking for regular income.

Analyzing the funds recent performance, we observe a stable trend, with the last price at 4.77 EUR. The short-term (SMA20) and medium-term (SMA50) moving averages indicate a slight upward momentum, with values at 4.73 and 4.74, respectively. The long-term trend (SMA200) is steady at 4.72, suggesting a stable outlook. The Average True Range (ATR) is 0.01, representing a 0.21% daily price fluctuation, indicating relatively low volatility.

With an Assets Under Management (AUM) of 3916.14M EUR, the fund demonstrates significant investor interest and confidence. The 52-week high and low prices are 4.80 and 4.53, respectively, showing a relatively stable price range.

Forecasting the funds future performance using historical technical and fundamental data, we can expect a steady trend in the short to medium term. The stable moving averages and low ATR suggest that the fund will continue to trade within a narrow range. However, the funds adherence to ESG criteria and its tracking of the Morningstar EZN Corp Bd GR EUR index, which comprises European corporate bonds with a relatively low credit risk, may contribute to its stability and potential for long-term growth. As such, we forecast a potential price target of 4.85 EUR in the next 6-12 months, assuming a stable market environment and continued investor demand for ESG-compliant corporate bonds.