Analysts Expect PRF To Hit $48
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
ETF Analyst Target Prices: The Invesco FTSE RAFI US 1000 ETF (PRF) has an implied analyst target price of $47.87, indicating a potential upside of 12.51% from its current trading price of $42.55. Notable underlying holdings with significant upside include Core Natural Resources Inc, California Resources Corp, and Hudson Pacific Properties Inc.
Investor Considerations: Analysts' target prices may reflect optimism about future stock performance, but they also raise questions about whether these targets are justified or overly optimistic based on recent developments in the companies and their industries. Further research is suggested for investors to assess the validity of these targets.
Analyst Views on PRF
Wall Street analysts forecast PRF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRF 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: 48.790
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Current: 48.790
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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.
