The Math Shows JKJ Can Go To $161
October 26, 2016 at 09:14 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 iShares Morningstar Small-Cap ETF (JKJ), we found that the implied analyst target price for the ETF based upon its underlying holdings is $160.53 per unit.