Add Up The Parts: RWJ Could Be Worth $62
July 09, 2020 at 08:15 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P SmallCap 600 Revenue ETF (RWJ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $61.53 per unit.