The Math Shows RWK Can Go To $130
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 22 2024
0mins
Source: NASDAQ.COM
ETF Target Price Analysis: The Invesco S&P MidCap 400 Revenue ETF (RWK) has an implied analyst target price of $130.11, indicating a potential upside of 10.63% from its current trading price of $117.61.
Individual Stock Upside Potential: Notable underlying holdings such as Vishay Intertechnology, Gentex Corp., and ManpowerGroup show significant upside potential, with expected increases of 22.84% to 23.32% based on their respective analyst target prices compared to recent share prices.
Analyst Views on MAN
Wall Street analysts forecast MAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MAN is 38.80 USD with a low forecast of 27.00 USD and a high forecast of 44.00 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.
7 Analyst Rating
1 Buy
5 Hold
1 Sell
Hold
Current: 30.350
Low
27.00
Averages
38.80
High
44.00
Current: 30.350
Low
27.00
Averages
38.80
High
44.00
About MAN
ManpowerGroup Inc. is a global workforce solutions company. The Company offers a comprehensive range of workforce solutions and services, which include recruitment and assessment; upskilling, reskilling, training and development; career management; outsourcing, and workforce consulting. Its portfolio of recruitment services includes permanent, temporary and contract recruitment of professionals, as well as administrative, industrial and information technology (IT) professional positions. These services are provided under its Manpower and Experis brands. Its Talent Solutions brand specializes in the delivery of customized workforce strategies and new solutions and creating added value that addresses its clients' complex global workforce needs. Its Talent Solutions combine global offerings of recruitment process outsourcing (RPO), TAPFIN - Managed Service Provider (MSP), and right management to provide data-driven capabilities that help organizations with their workforce transformation.
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.








