PGJ ETF Has 40% Upside to Analyst Target of $33

Nasdaq··Read original
2▲2 ▼0Impact / 5
Summary · why it matters

The Invesco Golden Dragon China ETF has an implied analyst target price of $33.07 per unit, representing 39.71% upside from its recent price of $23.67. The target is derived from the weighted average of analyst 12-month price targets for the ETF's underlying holdings. Three holdings with notable upside are Adagene Inc, Kingsoft Cloud Holdings Ltd, and Alibaba Group Holding Ltd, which together account for 7.60% of the fund. Adagene has a target of $9.40, 166.29% above its recent price of $3.53; Kingsoft Cloud has a target of $19.92, 91.32% above its recent price of $10.41; and Alibaba has a target of $187.55, 74.56% above its recent price of $107.44.

Impact on assets 3

Cloud & Digital Infrastructure▲ · 1 stocks
Kingsoft Cloud Holdings Ltd. ADR
3896
▲ PositiveCapitalrelevance

Analyst 12-month price target of $19.92 implies 91.32% upside from its recent $10.41 price, per the ETF's weighted-target analysis.

Artificial Intelligence▲ · 1 stocks
Alibaba Group Holding Ltd
9988
▲ PositiveCapitalrelevance

Analyst price target implies 74.56% upside, based on weighted average of underlying holdings.

Health Care▲ · 1 stocks