Invesco DWA Utilities Momentum ETF (PTE) Given Consensus Recommendation of “Strong Buy” by Brokerages
Shares of Invesco DWA Utilities Momentum ETF (NYSE:PTE) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12 month consensus price target of $65.00 for the company, according to Zacks. Zacks has also given Invesco DWA Utilities Momentum ETF an industry rank of 87 out of 257 based on the ratings given to its competitors.
PTE has been the topic of several analyst reports. Zacks Investment Research upgraded Invesco DWA Utilities Momentum ETF from a “sell” rating to a “hold” rating in a research note on Friday, November 2nd. Cantor Fitzgerald reissued a “buy” rating and issued a $65.00 price target on shares of Invesco DWA Utilities Momentum ETF in a report on Tuesday, September 25th.
Shares of PTE opened at $13.82 on Friday. Invesco DWA Utilities Momentum ETF has a 52 week low of $11.54 and a 52 week high of $41.22.
Invesco DWA Utilities Momentum ETF (NYSE:PTE) last released its quarterly earnings results on Wednesday, September 12th. The company reported ($0.86) earnings per share for the quarter. The firm had revenue of $0.42 million during the quarter.
About Invesco DWA Utilities Momentum ETF
PolarityTE, Inc operates as commercial-stage biotechnology and regenerative biomaterials company in the United States. The company focuses on discovering, designing and developing a range of regenerative tissue products and biomaterials for the fields of medicine, biomedical engineering, and material sciences.
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