Analysts Predict 12% Gains Ahead for Invesco International Dividend Achievers ETF (PID)

Analysts predict a 12.28% gain for the Invesco International Dividend Achievers ETF (PID), with underlying holdings such as PLDT Inc (PHI), Brookfield Infrastructure Partners LP (BIP), and Infosys Ltd. (INFY) expected to reach target prices of $32.00, $41.44, and $20.60, respectively. These holdings represent 8.62% of the ETF and are expected to drive the gains. Analysts are optimistic about the future, but investors should conduct further research to determine if the targets are valid or if they are behind the curve on recent company and industry developments.

Analysts have predicted a 12.28% gain for the Invesco International Dividend Achievers ETF (PID) over the next 12 months, based on the average analyst target prices of its underlying holdings. The ETF, which tracks international dividend-paying stocks, has a recent trading price near $20.52 per unit, with analysts seeing significant upside potential.

Among the ETF's underlying holdings, PLDT Inc (PHI), Brookfield Infrastructure Partners LP (BIP), and Infosys Ltd. (INFY) are expected to reach target prices of $32.00, $41.44, and $20.60, respectively. These holdings represent 8.62% of the ETF and are expected to drive the predicted gains. PHI has a 38.65% upside to its recent share price of $23.08, BIP has a 32.83% upside from its recent share price of $31.20, and INFY has a 23.24% upside from its recent share price of $16.71.

While analysts are optimistic about the future, investors should conduct further research to determine if these targets are valid or if they are behind the curve on recent company and industry developments. A high price target relative to a stock's trading price can reflect optimism about the future, but it can also be a precursor to target price downgrades if the targets were a relic of the past.

References:
[1] https://www.nasdaq.com/articles/analysts-predict-12-gains-ahead-holdings-pid
[2] https://www.ainvest.com/news/ethereum-news-today-blackrock-aggressively-buys-3-million-eth-ethereum-etf-surge-2508/