Implied MMLG Analyst Target Price: $29
June 15, 2021 at 08:00 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 First Trust Multi-Manager Large Growth ETF (MMLG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $28.51 per unit.