Looking on the underlying holdings of the ETFs in our protection universe at ETF Channel, we've got
Looking on the underlying holdings of the ETFs in our protection universe at ETF Channel, we’ve got in contrast the buying and selling value of every holding in opposition to the typical analyst 12-month ahead goal value, and computed the weighted common implied analyst goal value for the ETF itself. For the Invesco Worldwide Dividend Achievers ETF (Image: PID), we discovered that the implied analyst goal value for the ETF based mostly upon its underlying holdings is $18.03 per unit.
With PID buying and selling at a latest value close to $16.02 per unit, that implies that analysts see 12.54% upside for this ETF trying by means of to the typical analyst targets of the underlying holdings. Three of PID’s underlying holdings with notable upside to their analyst goal costs are Grupo Financiero Galicia SA (Image: GGAL), Banco Bradesco SA (Image: BBD), and Fresenius Medical Care AG & Co KGaA (Image: FMS). Though GGAL has traded at a latest value of $12.51/share, the typical analyst goal is 83.85% greater at $23.00/share. Equally, BBD has 49.28% upside from the latest share value of $8.15 if the typical analyst goal value of $12.17/share is reached, and analysts on common expect FMS to achieve a goal value of $44.53/share,…