Analysts Expect 19% Upside For The Holdings of PID
ETF Performance Analysis: The Invesco International Dividend Achievers ETF (PID) has an implied analyst target price of $22.66 per unit, indicating a potential upside of 19.16% from its current trading price of $19.02.
Key Holdings with Upside Potential: Notable underlying holdings such as PT Telekomunikasi Indonesia TBK, Brookfield Renewable Partners LP, and Logitech International SA show significant upside to their respective analyst target prices, suggesting optimism among analysts about future performance.
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Analyst Views on PID
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Breaking Down the Components: PID Aims for $25
ETF Analysis: The Invesco International Dividend Achievers ETF (PID) has an implied analyst target price of $24.54, indicating a potential upside of 15.07% from its current trading price of $21.33.
Notable Holdings: Key underlying holdings contributing to this upside include PLDT Inc (PHI), Sanofi (SNY), and Pearson plc (PSO), with expected price increases of 61.06%, 25.19%, and 20.99% respectively.
Investor Considerations: Analysts' target prices may reflect optimism, but there are concerns about whether these targets are justified based on recent company and industry developments.
Further Research Needed: Investors are encouraged to conduct additional research to determine the validity of analysts' targets and assess potential risks of price downgrades.
PID's Core Assets Suggest a 14% Upside Potential
ETF Performance Analysis: The Invesco International Dividend Achievers ETF (PID) has an implied analyst target price of $24.26, indicating a potential upside of 14.01% from its current trading price of $21.28.
Notable Holdings: Key underlying holdings contributing to this upside include FirstService Corp (FSV), RELX PLC, and TFI International Inc, with expected price increases of 33.31%, 32.86%, and 24.41% respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets may lead to future downgrades if they do not align with market realities.
Investor Research Importance: It emphasizes the need for further investor research to assess the validity of analyst targets in light of recent company and industry developments.
