Analysts rate Invesco QQQ Trust (QQQ:NSD) with a Hold rating and a $300 target

STA Research
by: STA Research
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Analysts rate Invesco QQQ Trust with a Hold rating and a 12-month average target price of $300 per share.

STA Research Assigns Invesco QQQ Trust with a Hold rating and a target price of $300 on the company’s stock.

Based on the Invesco QQQ Trust stock forecasts from 1 analysts, the average analyst target price for Invesco QQQ Trust is $300 over the next 12 months. Invesco QQQ Trust’s average analyst rating is Hold. Stock Target Advisor’s own stock analysis of Invesco QQQ Trust is Bullish , which is based on 3 positive signals and 1 negative signals. At the last closing, Invesco QQQ Trust’s stock price was USD 294.98Invesco QQQ Trust’s stock price has changed by +5.24% over the past week, -4.81% over the past month and -18.28% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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