Surprising Analyst 12-Month Target For XSMO
October 28, 2021 at 08:32 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 Momentum ETF (XSMO), we found that the implied analyst target price for the ETF based upon its underlying holdings is $60.20 per unit.