Analysts Anticipate PFM To Hit $52
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Analysis: The Invesco Dividend Achievers ETF (PFM) has an implied analyst target price of $52.50, indicating a potential upside of 9.50% from its current trading price of $47.94 per unit, based on the underlying holdings' average analyst targets.
Stock Performance Insights: Notable underlying holdings such as Humana Inc., AGCO Corp., and Jack Henry & Associates show significant upside potential according to analysts, raising questions about the validity of these targets amidst market developments.
Analyst Views on PFM
Wall Street analysts forecast PFM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 52.641
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Current: 52.641
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
