Analyst Outlook: Invesco FTSE RAFI US 1000 ETF Shows Potential Gain
At ETF Channel, we analyzed the ETF holdings to determine potential gains for investors. Specifically, we looked at the Invesco FTSE RAFI US 1000 ETF (Symbol: PRF). The implied analyst target price for this ETF is $45.39 per unit, based on its underlying assets.
Currently, PRF is trading at approximately $39.72 per unit. This indicates a potential upside of 14.28% based on analysts’ expectations for the underlying holdings. Notably, three of PRF’s holdings stand out for their expected price increases: MasterBrand Inc (Symbol: MBC), PENN Entertainment Inc (Symbol: PENN), and M/I Homes Inc (Symbol: MHO). MBC trades at $9.87 per share, while analysts project a target of $15.00, implying a 51.98% upside. Similarly, PENN’s current price of $15.64 suggests a 48.12% upside to the target price of $23.17. Moreover, MHO’s recent price of $109.25 suggests a 45.23% gain towards a target of $158.67.
Below is a twelve-month price history chart comparing the stock performance of MBC, PENN, and MHO:
Here is a summary table of the current analyst target prices:
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| Invesco FTSE RAFI US 1000 ETF | PRF | $39.72 | $45.39 | 14.28% |
| MasterBrand Inc | MBC | $9.87 | $15.00 | 51.98% |
| PENN Entertainment Inc | PENN | $15.64 | $23.17 | 48.12% |
| M/I Homes Inc | MHO | $109.25 | $158.67 | 45.23% |
The key question remains: Are analysts’ targets justified, or could they be overly optimistic? Investors should consider whether these targets reflect market realities or if they need adjustments based on recent developments in these companies and their sectors. High target prices can demonstrate optimism but may also foreshadow potential downgrades if expectations do not align with market trends.
