Analyst Price Target is $68.98
▲ +20.79% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Invesco Semiconductors ETF in the last 3 months. The average price target is $68.98, with a high forecast of $87.08 and a low forecast of $50.27. The average price target represents a 20.79% upside from the last price of $57.11.
Current Consensus is
Moderate Buy
The current consensus among 10 polled investment analysts is to moderate buy stock in Invesco Semiconductors ETF. This Moderate Buy consensus rating has held steady for over two years.
PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. These companies include companies involved in all aspects of the electronics business and in new technologies or specialty areas, including advanced design and manufacturing technologies, and lasers and electro-optics. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund’s investment advisor is Invesco PowerShares Capital Management LLC.
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