Invesco Aerospace & Defense ETF Analyst Target Price: $159.63 Per Unit

The Invesco Aerospace & Defense ETF (PPA) has a weighted average implied analyst target price of $159.63 per unit, which represents a 10.24% upside from its recent trading price of $144.80 per unit. Three of PPA's underlying holdings with notable upside to their analyst target prices are CAE Inc, Elbit Systems Ltd, and Amentum Holdings Inc, with upside ranging from 10.79% to 17.13%. Analysts see 11.81% upside for ESLT and 10.79% upside for AMTM.

The Invesco Aerospace & Defense ETF (PPA) is currently trading at $144.80 per unit, but analysts have a weighted average implied target price of $159.63 per unit, representing a 10.24% upside [1]. This optimism is driven by the potential of several key holdings within the ETF. CAE Inc (CAE), Elbit Systems Ltd. (ESLT), and Amentum Holdings Inc (AMTM) are among the notable holdings with significant upside to their analyst target prices.

CAE Inc, for instance, has an analyst target price of $31.88 per share, a 17.13% increase from its recent trading price of $27.22 [1]. Similarly, Elbit Systems Ltd. (ESLT) has an 11.81% upside from its recent price of $451.67, with an average analyst target price of $505.00 per share [1]. Amentum Holdings Inc (AMTM) also shows promise, with a 10.79% upside from its recent price of $24.37, with an average analyst target price of $27.00 per share [1].

Analysts' optimism about these holdings is backed by their growth prospects and strategic positioning. For example, CAE Inc's growth in the aerospace and defense sector, Elbit Systems Ltd.'s advancements in AI and defense technologies, and Amentum Holdings Inc's involvement in nuclear engineering and AI data centers are all factors contributing to their positive outlook [1, 3].

However, investors should approach these targets with caution. While analysts' targets reflect optimism about future growth, they are not guarantees. The market's perception of these companies can change based on new information or developments. Additionally, the significant upside potential could also indicate higher risks, as these companies may face challenges or setbacks that could impact their stock prices.

In conclusion, the Invesco Aerospace & Defense ETF (PPA) and its underlying holdings show potential for significant growth over the next 12 months, according to analysts. However, investors should conduct thorough research and consider both the opportunities and risks before making investment decisions.

References:
[1] https://www.nasdaq.com/articles/surprising-analyst-12-month-target-ppa
[2] https://www.ainvest.com/news/coherent-corp-upgrade-analyst-highlights-growth-potential-upside-2508/
[3] https://finance.yahoo.com/news/why-amentum-amtm-stock-today-161629312.html