Analysts Expect PPA To Hit $67
September 28, 2020 at 09:48 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco Aerospace & Defense ETF (PPA), we found that the implied analyst target price for the ETF based upon its underlying holdings is $67.32 per unit.