PKW ETF Analyst Targets $145, SDRL, GDEN, and OPFI Show Upside Potential

The Invesco BuyBack Achievers ETF (PKW) has a weighted average implied analyst target price of $145.14 per unit, with analysts seeing 9.70% upside from its recent price of $132.31. The ETF's underlying holdings, including Seadrill Ltd, Golden Entertainment Inc, and OppFi Inc, have notable upside potential, with analysts expecting 39.56%, 34.66%, and 15.80% gains, respectively, from their recent prices.

Investors and financial professionals are taking note of the Invesco BuyBack Achievers ETF (PKW), which has seen a significant increase in analyst interest. According to the latest data, the ETF has a weighted average implied analyst target price of $145.14 per unit, representing a 9.70% upside from its recent price of $132.31. This optimism is driven by the strong performance and potential of the ETF's underlying holdings, which include Seadrill Ltd, Golden Entertainment Inc, and OppFi Inc.

Among the ETF's holdings, Seadrill Ltd (NYSE:SDRL) has been a particular focus. AQR Capital Management LLC recently increased its holdings in Seadrill by 333.6% during the first quarter, owning 219,678 shares valued at $5,492,000 AQR Capital Management LLC Has $5.49 Million Holdings in Seadrill Limited $SDRL^[1]. This move was echoed by other institutional investors such as 683 Capital Management LLC, Adage Capital Partners GP L.L.C., and Maverick Capital Ltd., who also increased their positions in Seadrill during the first quarter. The stock's recent performance has been robust, with analysts expecting a 39.56% gain from its recent price.

Golden Entertainment Inc (GDEN) has also drawn analyst attention. Over the last quarter, analysts' ratings for Golden Entertainment have varied from bullish to bearish, with a downward trend in price targets. However, the company's strong net margin and efficient cost control have been noted as positive factors. Analysts expect a 34.66% gain from Golden Entertainment's recent price.

OppFi Inc is another notable holding in the ETF. Although the company's recent performance has been mixed, analysts see significant upside potential, with a projected 15.80% gain from its recent price.

The Invesco BuyBack Achievers ETF (PKW) offers investors exposure to companies that have consistently returned capital to shareholders through buybacks. The ETF's strong performance and the positive analyst sentiment make it an attractive option for investors looking to capitalize on the potential gains of these companies.